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J-J

Do we have any sense of how aware the Yuga/Apecoin

community is that the Ape/Frax pair exists?

Just a little surprised to see usage so low. Uni or MKR I could sort of understand since other good options on Aave but Fraxlend is pretty much the only lending platform that supports Ape correct?

#cryptocurrency #english #frax
0

2 ответов

20 просмотров
J-J Автор вопроса

Sure, although taking a loan out against an asset is a different service than staking. You could also say there shouldn't be any liquidity on Uniswap since those users are also missing out on staking rewards

0
17.04.2023
After Dark-
J J
Sure, although taking a loan out against an asset ...

APE is aggressively being farmed and the Otherside metaverse is still far from its maiden launch. Aka, people buy APE mainly to yield farm, not to hold. And since most don't intend to hodl, borrowing against it is risky as it has constant sell pressure.

0
17.04.2023

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