Do we have an estimate for how much more profit

Question

Frax Finance

mathletamine

Do we have an estimate for how much more profit

would need to come in to take it to 100%? Assuming prices stay identical I would assume it's in the $10-20m range?

#cryptocurrency #english #frax

0

06.06.2023

4 ответов

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Sam Kazemian ¤⛓️¤

Westwood
Maybe a better question is, at what price of fxs w...

I think it's something a bit over $100 assuming the protocol makes $0 revenue (unlikely). But at new ATH FXS, the CR would be overcollateralized. Obviously there will be revenues so it doesn't really need to be triple digit FXS.

0

06.06.2023

mathletamine Автор вопроса

Westwood
Maybe a better question is, at what price of fxs w...

Sure, but we can't rely too much on the price of FXS. If the protocol needs to generate some $X amount of profit at least we could estimate how long it would take. From past calculations we had ~$1m annual profit from Fraxlend, ~$2m annual from frxETH and some from farming. So it could take a while to reach 100%

0

06.06.2023

Brazy

wouldnt it be like $50M if we need 5% more collateral for $1B of frax? or am I missing something?

0

06.06.2023

Westwood · Accepted Answer

Westwood

Maybe a better question is, at what price of fxs would cr become 100%?

0

06.06.2023

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Do we have an estimate for how much more profit

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