utility after the proposal to change the minting dynamics. Won't FXS demand shrink drastically if the proposal goes through? It's basically a tradeoff for security. What am I missing?
Hello ◡̈ I think it might give you more insight reading from here: https://t.me/fraxfinance/199655
No, it can continue to accrue value and therefore be the token that receives protocol profits
Yes. You lose the explicit seigniorage mechanism that reduces FXS supply but you gain stability (if done well) and potentially a lower cost of capital
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