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Andrew-Hitchcock

I’m trying to imagine how this will work: You buy a

FXB1Y at 0.95 Frax redeemable in one year for one Frax.
There’s a Frax-FXB1Y pool that provides liquidity.
The tokens are fungible.
Then how do you ensure you can’t redeem until maturity?

#cryptocurrency #english #frax
0

1 ответов

8 просмотров
Sam-Kazemian ¤⛓️¤

Because the redeem function doesn't let you swap it for 1 FRAX until the FXB is 1 year old.

0
22.08.2023

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