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Frank-

If we move to 100% cr aren't we just essentially

the same as makerdao?

#cryptocurrency #english #frax
0

3 ответов

25 просмотров
godefi-DeFi (won’t DM first)

Maker is above 100%

0
15.05.2022
Justin Abraham (¤, ¤)-

Not exactly. Frax has different mechanisms in addition to the loans. eg curve amo. I think maker has since adopted some of them. Fraxlend might be different then the way makerdao does things. We'll know soon as Sam said its right around the corner.

0
15.05.2022
Justin Abraham (¤, ¤)-

According to Sams posts above explaining Fraxlend there is also the factor of using the DAO to lend FRAX. I think when they talk about the 0 to 1 moment this is what they are referring too. While I believe there will be a use case similar to maker. I think the bigger part will come from the DAO approving loans to other protocols. I am very interested to see what the team produces here. I am not sure exactly how its all going to work but I think it will be different then makerdao

0
15.05.2022

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