my head around it - at current collateral ratio of ~ 89% with mkcap of FXS = $130 M and mkcap of FRAX at $1481M, is there enough collateral for the system to be solvent? Doesn't $1600M Frax require $1481M*0.11 = $ 162 M worth of FXS?
but now fxs only 140m
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