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Josh-

Isn'T introducing new type of Stablecoin w algo FPIS kinda

dilutes value of FXS?

#cryptocurrency #english #frax
0

4 ответов

9 просмотров
Andy - IQ & Frax Finance - Attending GMVietnam 🇻🇳-@ TBW 13-18

It actually helps the valuation of FXS! You can read more about it here: https://t.me/fraxfinance/188528

0
22.05.2022
Cat-
Andy - IQ & Frax Finance - Attending GMVietnam 🇻🇳 @ TBW 13-18
It actually helps the valuation of FXS! You can re...

Actually.. Because they are within the same frax eco, if either one of em break pegs it will affect the sentiment of other ..

0
22.05.2022
Andy - IQ & Frax Finance - Attending GMVietnam 🇻🇳-@ TBW 13-18
Cat
Actually.. Because they are within the same frax e...

Well thats IF it breaks peg which it never has. Also I'm not sure if you read the message but they are not the same unit and therefore FPI breaking peg should not leak into FRAX peg breaking and vice versa. Of course if any stablecoin breaks it's peg it will affect the protocol as a whole but FRAX and FPI has never in its history

0
22.05.2022
Sam-Kazemian ¤⛓️¤
Cat
Actually.. Because they are within the same frax e...

Either breaking peg can affect “sentiment” of the other all it wants but as long as economically and logically their pegs are different, it’s not a problem. Their balance sheets are different and thus the FPI peg breaking doesn’t affect FRAX’s peg.

0
22.05.2022

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