system absorb?
Are you asking about FRAX's collateral ratio?
If so, the collateral ratio is the amount made up of other stablecoins like USDC, the rest of which is made up of the share token. The system started off as 100% CR at genesis, currently it's 87.25%
Yeah. Your website never loafs that info for me.
So the rest is backed by fxs right? But fxs itself is a revenue earning token. Is it earning the revenue by redeploying the usdc on another protocol like curve to generate the returns?
The website dashboard provides the values, while our docs provides you with the info: https://docs.frax.finance/v/en/ The part that isn't collateralized is FXS, and this is used to govern/stake/lock etc. AMOs do the redeploying to strengthen peg + bring value back to our participants.
Dashboard never seems to want to load that info for me.
Обсуждают сегодня