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Ash-

Hi Can you please help me understand something regarding the

collateral backing FRAX:

On 31 August there was $806m FRX outstanding
When I multiply Frax in circulation by the colateral ratio I get $806m * 94.5% = $762m
However, the total FRAX colateral was reported to be $609m (https://app.frax.finance/) -> representing a collateral ratio of 76%

Where does the delta in expected collateral vs actual collateral come from?

#cryptocurrency #english #frax
0

2 ответов

10 просмотров
Bizy-

Did you get a reply on this?

0
08.09.2023
Sam-Kazemian ¤⛓️¤

Can you explain more what you mean? Btw, the CR on the old dashboard is going to be deprecated and instead shown on the balance sheet page because the balance sheet is much more correct and real time while the old CR chart has been clearly leading to confusion.

0
08.09.2023

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