I see CAKE have launched locked , auto-compounding staking,

Question

4 years locked. veMAXI (as a millionaire)

I see CAKE have launched locked , auto-compounding staking,

i wonder if thats something we could do? what if we set up a pool on BSC where people could stake locked FXS and compound earnings, maybe give it a small fraction of protocol earnings as rewards but give the pool no voting power. this would give people the option to buy and stake FXS for less then $0.05 in fees and could attract lots of smaller investor. i understand smaller investors dont add much buying pressure, but it would result in more investors , so more people talking about FRAX and increased awareness of our project in countries with lower incomes.

#cryptocurrency #english #frax

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07.06.2022

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4 years locked. veMAXI (as a millionaire) Автор вопроса

Sam Kazemian ¤⛓️¤
Ya I saw Binance invested in CAKE today 👀 will hav...

there are a lot of people in veFXS that dont take part in voting, so maybe the pools on other chains could be far more basic. i would assume this would make the pools easier to create from a coding point of view and if they where getting 5% -10% of the protocol earnings then the APR will attract investors until the APR drops to a steady level ... also, having compounding seems it result in people holding there rewards longer as they see there rewards go up as there holdings go up. resulting in less "farm and dump" investors.

0

07.06.2022

Sam Kazemian ¤⛓️¤ · Accepted Answer

Sam Kazemian ¤⛓️¤

Ya I saw Binance invested in CAKE today 👀 will have to check out what new stuff they are launching. I'm generally quite open to+bullish to get veFXS staking and FXS yields to as many people as possible on smaller chains. That's how we can increase the fraximalist community.

0

07.06.2022

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I see CAKE have launched locked , auto-compounding staking,

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