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Andrew-Hitchcock

Sam, while I have you, what are your thoughts about

going above 100% CR with Curve PoL? The more protocol owned liquidity the more Frax we can mint into fraxlend. While fraxlend Frax might be overcollateralized, it cannot be used to defend the peg because we can force a sale of that collateral. With extra PoL we can safely mint into fraxlend

#cryptocurrency #english #frax
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Sam-Kazemian ¤⛓️¤

I think it's an interesting idea that should be considered when we get to 100% CR. If the community feels like the Fraxlend AMO growth is the most important thing at that time, then ya, more Curve liquidity to be able to lend more in Fraxlend would be a legitimate growth strategy.

0
25.05.2023

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