in this channel.
Trying to understand it since I'm still a FRAX newbie.
With your proposed design, the following can occur correct?
Two people. Sally and Bob.
Sally can mint $100 FRAX with $90 USDC and $10 worth of FXS. At the same time, Bob can borrow $100 worth of FRAX as long as he had $110 worth of collateral. Do I have that right?
exactly
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