the protocol is responsible for getting yield from the PBC?
Correct. Just the protocol through onchain governance can issue FXBs only.
Cool thanks. FraxETH v2 is cool because there’s a way to clawback the lent ETH, it would be amazing to have a bond system like that, but I guess theres nothing to collateralize against
Well the point of it is that the protocol should look around to RWA partners such as FinresPBC and also others like Maker's BlockTower/Centrifuge vehicle to back FRAX with some RWAs that make FXBs safe.
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