… is it just UST fud and Twitter
Or has the protocol become less profitable for FXS at the expense of greater stability / safety?
so very much fud. lots of fear (and reasonably so to an extent) with ust blowing up. anything with even a hint of algostable is a dirty word right now. LOTS of people don't actually understand how frax works. the opinions seems to range from "exactly like luna/ust toxic don't touch it" to "it's just wrapped usdc no point" -- neither of which are remotely true.
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