I can’t think of anything more dumb tbh, why am

Question

Frax Finance

Benedict Steve

I can’t think of anything more dumb tbh, why am

I wrong?

#cryptocurrency #english #frax

0

18.05.2022

4 ответов

12 просмотров

Jefe ElJefe

It can be though of an algorithmic stable coin in that they use market operations to automatically actively manage the peg. But it is also very well collateralized, combined with rented liquidity that is time locked such that it is impossible for frax to depeg unless there is a smart contract error in frax or curve or a complete failure of dai, usdc and/or usdt. Depegs of these can actually be handled quite well as long as they don’t massively depeg.

0

18.05.2022

Derek

the real question is why are you wasting your time on an algo stablecoin telegram if you feel that way. i can't think of anything more dumb

0

18.05.2022

Benedict Steve Автор вопроса

Derek
the real question is why are you wasting your time...

Because maybe I’m wrong? Nice to meet you though….

0

19.05.2022