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Will ATH-

The frax team launched frax and it was unique because

of their clever collateral ratio mechanism. What is the point in bringing that to 100% ? At that point frax just becomes a stablecoin ETF.

#cryptocurrency #english #frax
0

1 ответов

15 просмотров
DS-

the protocol can do all sorts of other stuff like lending to other daos, credit lines, undercollat on loans with locked liquidity, etc. you think most of the value accrued by frax is coming from the 11% undercollat now? 100% collat would mean the protocol has more money to farm with. there's a lot of ways the protocol can expand and earn outside of just the undercollat.

0
07.06.2022

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