that gets sold/minted? or is 100% of the redeemed amount backed by USDC/other stuff besides FXS?
Hello ◡̈ You can read about the details of redeeming here
https://vitalik.eth.limo/general/2022/09/20/daos.html @samkazemian thoughts on Vitaliks last post about algo stable coins?
Once I wait the 7 day lock on convex I get my stkcvx token and I can stake them in a gage?
Is FRAX planning on going 100% collateralized? If so, if the FXS price keeps going down, is it possible for the parity to become too expensive to maintain?
Dear @samkazemian can you pls clarify what would happen with the Frax Finance protocol and its USD pegged stablecoin FRAX (and potentially others) if USD/C would go into hyper...
Is the multichain frax pool removed from moonbeam chain?
I see there is bounty for frxEth. That means it’s coming soon?
can i borrow money using my veFXS?
Did the frax treasury claim the CNC airdrop? 10% of the supply was for locked CVX
I have a bunch of weird types of FRAX on Moonriver, is there a guide on how to move it to canonical and get it into real frax back on another net?
What do you receive for Vefax staking? And what is the approximate APR?