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XBT-

So currently a stable will pair with FRAX Basepool -

let’s say 100 mil of one stable wants to pair with fraxBP - does that create 100 mil of new demand for FRAX?

Or how does that work with the AMOs

#cryptocurrency #english #frax
0

1 ответов

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Sam-Kazemian ¤⛓️¤

We distribute incentives based on the TVL of each metapool. So let's say the base pool of FRAXUSDC has $500m TVL. When a new project creates a new metapool, let's say their metapool is $100m TVL. That means $50m of that is FRAXUSDC LP tokens. So 50m out of 500m FRAXUSDC TVL is due to the metapool. That's 10% of the total base pool's TVL. So 10% of all of our FRAXBP incentives on Votium/vlCVX votes will go to that metapool.

0
13.05.2023

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