I’m trying to understand the POL of Frax and I’m

Question

I’m trying to understand the POL of Frax and I’m

getting slightly confused by some recent dialogue in the chat. On Seba’s Dune analytics page it says Frax has 883 mil backing FRAX. We hold 33 mil in the treasury wallet and 18 mil in the controller wallet. Would that not put the CR at roughly 70% rather than 90%? I’m sure this has been answered before, just want to get a better idea myself and I don’t know how to go look at the AMOs % of outstanding FRAX.

#cryptocurrency #english #frax

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09.07.2022

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Dantes Stan (¤³ ¤³) DON'T PM FOR ETH/$$ · Accepted Answer

Dantes Stan (¤³ ¤³) DON'T PM FOR ETH/$$

FRAX has enough POL and collateral. You may read this for more insight https://t.me/fraxfinance/212279

0

09.07.2022

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I’m trying to understand the POL of Frax and I’m

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