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Frax Finance Frax Finance
R-

If FRAX is moving to 100% CR, meaning to mint

1 FRAX you need to deposit 1 USDC, isn't frax essentially a USDC wrapper? whats the utility of FRAX in this case?

probably missing somethings here so please lmk

#cryptocurrency #english #frax
0

3 ответов

20 просмотров
thedavidmeister-

i think the idea is that if the market wants a usdc wrapper it gets one, but if it want's more supply it can have that too

0
09.05.2023
Dantes Stan (¤, ¤) | DON'T DM FOR ETH|$$-

It has been discussed multiple times here, you can refer to this https://t.me/fraxfinance/231257

0
09.05.2023

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