It passed governance sir. If you didn't want it, you could have voted no. Also, MKR and others passed and are in the pipeline 👀
aah, ser, ofc, nothing against the will of the people, my puny votes wouldn't have made a difference, but like Frax is too precious so I like to see it involved only with the upper echelons of crypto society (and Yuga ain't it), just expressing that sentiment, ser, but all G. much love.
I understand your point. The reason APE was even put up for a governance vote is because just by the numbers, it’s a very liquid and safe asset for lending 10-15M FRAX at moderate LTVs since it has tons of volume and a safe chainlink oracle. If that weren’t the case, we’d recommend voting against the proposal. But since it’s a safe, large cap asset, it should be ok within reason. Also, it might bring new users to the Frax ecosystem.
yes, agree with everything, ultimately the aim is to bring Frax to more wallets, and we must be ideologically agnostic to complete that mission. Ecstatic with the growth of Fraxlend.
Any update on wen convex LPs?
Very soon ser
Ya same way cash itself should be use case agnostic so should Frax. I agree liquidity and oracle safety should be the primary concerns for launching a new pair, let's reach out to every community we can APE and SHIB included. Even if it's a bit of a different world than Defi making connections in the NFT space of which Yuga is obviously a big part I think can only be a win.
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