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FraxTrain-

And what’s the mechanism to bring fpi back to peg

if it goes over/under peg?

#cryptocurrency #english #frax
0

5 ответов

20 просмотров
Sam-Kazemian ¤⛓️¤

It’s fully collateralized at 100% CR. It can always be redeemed for FRAX from the protocol at the peg price

0
20.05.2022
FraxTrain- Автор вопроса
Sam Kazemian ¤⛓️¤
It’s fully collateralized at 100% CR. It can alway...

I see, thanks🙏And where can I see where the peg is at right now? Does frax website dashboard fpi section price at 1.0293 show peg price or market price at which fpi is trading at now

0
20.05.2022
Sam-Kazemian ¤⛓️¤
FraxTrain
I see, thanks🙏And where can I see where the peg is...

You can go to app.frax.finance/fraxswap then click the mint/redeem tab and see the actual peg price you can get FRAX back for by redeeming.

0
20.05.2022

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