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Ouroboros Capital-

I see - so even though FIP 118 says its

pausing buybacks, we can still do it?

#cryptocurrency #english #frax
0

7 ответов

24 просмотра
Sam-Kazemian ¤⛓️¤

That refers to buybacks conducted with the protocol revenue earned. The revenue earned is being set aside to back FRAX and slowly increase the CR. The $20M buyback itself independently allocats 20M FRAX for buybacks irrespective of revenues.

0
16.06.2023
Ernest-Lim
Sam Kazemian ¤⛓️¤
That refers to buybacks conducted with the protoco...

Hey Sam, how much of the $20mn is left? Excluding the $2mn being used now

0
16.06.2023
Sam-Kazemian ¤⛓️¤
Ernest Lim
Hey Sam, how much of the $20mn is left? Excluding ...

You can take a look at the TWAMM history onchain for the exact amount but my estimate from memory is that somewhere around $4M was used before and with this $2M that’s about $14M left. So a lot of the allocation is left. But these are just round numbers. I can look directly onchain in the TWAMM contract shortly (or anyone else in the community can) and give the exact number.

0
16.06.2023
Jae | Built On Fraxtal-
Ralph Pahlmeyer
where can you track these buys? what's the wallet...

https://facts.frax.finance/fraxswap/pools/0x03B59Bd1c8B9F6C265bA0c3421923B93f15036Fa/orders here u go ser

0
16.06.2023
Ouroboros Capital- Автор вопроса
Jae | Built On Fraxtal
https://facts.frax.finance/fraxswap/pools/0x03B59B...

seems pretty easy with the v2 via this link

0
16.06.2023

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