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Drake-Evans v3

It’s unclear to me why this is an issue?

#cryptocurrency #english #frax
0

3 ответов

21 просмотр
Charlie-Ambrose

Hey @drakeevans - appreciate you reading through the proposal. At the time of posting, UR for sfrxETH/FRAX pool on Fraxlend V3 had been consistently over 85%, which is why we were looking for solutions on how to get that UR lowered. It appears now that the UR has dropped to around 65%, so the issue is not as apparent now. Thanks for reading through though

0
11.06.2023
mathletamine-
Charlie Ambrose
Hey @drakeevans - appreciate you reading through t...

Since it's below the cap (50M / 69M) I think the team will add new Frax to bring the UR down. When the full 69M has been deployed though other users would need to deploy funds to bring it down or people repay their loans

0
11.06.2023
Charlie-Ambrose
mathletamine
Since it's below the cap (50M / 69M) I think the t...

Good call—and where can we see those caps for the various pairs?

0
11.06.2023

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