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Ash-

@Samkazemian do you mind helping us make sure we have

modeled fraxBonds correctly? Am I correct in assuming that part of the collateral provided to mint FRAX will be deposited into US treasuries? (i.e another AMO - that will choose the best yield for FRAX collateral)

When a user 'stakes' FRAX / Purchases FXBs, am I correct in understanding that Frax purchases additional US treasury bonds to cover the liability?

#cryptocurrency #english #frax
0

2 ответов

9 просмотров
Sam-Kazemian ¤⛓️¤

That's correct mostly. The liability can also be covered with onchain yield opportunities too but mostly tbills and RWAs yes.

0
11.09.2023
Ash- Автор вопроса
Sam Kazemian ¤⛓️¤
That's correct mostly. The liability can also be c...

Perfect, but when buying FXBs the liability created will result in the purchase of additional t-bills?

0
11.09.2023

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