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Fxs model is as exploitable as luna?

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No not at all. It's not the same thing. FRAX is almost entirely collateralized.

Sam Kazemian ¤⛓️¤
No not at all. It's not the same thing. FRAX is al...

hi how to bridge frax from arbitrum to eth ? why official arbitrum bridge doesnt recognize frax token ?

0x33
hi how to bridge frax from arbitrum to eth ? why o...

You can convert it to anyFRAX on the FRAX cross-chain then use anyswap/multichain to bridge to ETH https://app.frax.finance/crosschain https://anyswap.exchange/

Sam Kazemian ¤⛓️¤
No not at all. It's not the same thing. FRAX is al...

So if FRAX is now going to be almost 100% collateralized, what is the point of FXS? Just governance?

.
So if FRAX is now going to be almost 100% collater...

Yeah and it will still accrue the revenue from the protocol

Jae | Built On Fraxtal
Yeah and it will still accrue the revenue from the...

I've got a better idea to keep the seniorage model working AND allowing redemption at 100% collateralization

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