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Nitin-Grover

Can anyone explain in simple terms on how this new

proposal by Sam will
Impact fxs burning to mint frax , will it slow down this process or fasten or it remains the same ?

#cryptocurrency #english #frax
0

1 ответов

9 просмотров
DS-

there would be no more burning or minting fxs when minting/redeeming new FRAX, except in the case of there not being enough collateral to pay the redeemer back in whole. in my opinion this should reduce the volatility of FXS and it'll be more priced on stability of cash flows and accumulated protocol assets, along with the expectation of growth obv

0
13.05.2022

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