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Julien-

Is there any public information on how much runway Frax

team has for its operational costs (paying devs, etc.)?

#cryptocurrency #english #frax
0

5 ответов

0 просмотров
Sam-Kazemian ¤⛓️¤

We're fine 🙂 We're not going anywhere. Treasury is good. Protocol makes revenue, the team is as motivated as ever, and building around the clock bull or bear market.

0
07.06.2022
4 years locked.-veMAXI (as a millionaire)

there is a 5m FXS fund thats being used to generate funds, these funds are used to pay for extra DEV's and the core team of DEV's have been paid at the distribution phase of FXS (via vesting). it seems the team have used there FXS to provide liquidity and are earning rewards like any other investor. im not aware of any team members selling any of their holdings at this stage. so they are likely seeing pretty big swings in their networth as FXS moves in price. the 5m fund and the team wallets are all traceable on chain with wallet details in the docs

0
07.06.2022
Sam-Kazemian ¤⛓️¤
Star-Lord
How big is the team atm?

About 8 people, all engineers. We're lean but ship 24/7 😎

0
07.06.2022

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I feel like you need to be the change then. Propose something that might work, instead of "can't Devs do something?"

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