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XBT-

Will the AMO work then for a new metapool at

100% CR? Let’s say a new stable wants to pair $100 mil of their stable with FRAX.

Would FRAX mints 100 mil into the pool? & if so where does the collateral come from in this case

#cryptocurrency #english #frax
0

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Sam-Kazemian ¤⛓️¤

AMOs should only have POL in the least risky stablecoins like USDC, USDP, and maybe USDT etc if FXS holders approve. It would be very risky to put a lot of protocol controlled liquidity into a new metapool with an untested stablecoin. It is much better to incentive it with FXS+CRV+CVX bribes like we do now than to actually hold LP in new Curve pools.

0
13.05.2023

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