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Poop-Man💩 (Henry)

GM Frax burrower Do you think friend will surpass lens

one day?

https://twitter.com/poopmandefi/status/1693528075827663178

#cryptocurrency #english #frax
0

4 ответов

16 просмотров
Sam-Kazemian ¤⛓️¤

Gm fellow burrower. I just signed up for friend.tech to see if I can get any ideas for how to integrate it into Frax. It’s definitely an interesting concept. Technically the shares are backed by ETH since the price is determined by a bonding curve. So it’s possible to lend against friend shares. Liquidations happen into the bonding curve.

0
21.08.2023
CaptainPunk ☠ capt.eth-
Sam Kazemian ¤⛓️¤
Gm fellow burrower. I just signed up for friend.te...

Sam, socialfi as one of the primary use case for upcoming Frax Chain.

0
21.08.2023
Sam-Kazemian ¤⛓️¤
CaptainPunk ☠ capt.eth
Sam, socialfi as one of the primary use case for u...

I mean maybe. That would be awesome and we’d support it. The core team is more focused on building deeply liquid and yield bearing financial primitives. But ya if something like friend.tech was built on Fraxchain it’d have a lot of defi support from us like lending, yields, share gauges etc

0
21.08.2023

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