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Frax Finance Frax Finance
Cryptic-Billy

Whats going to happen to the frax-vst pool now that

vesta project is sunsetting?

#cryptocurrency #english #frax
0

7 ответов

10 просмотров
Dantes Stan (¤, ¤) | DON'T DM FOR ETH|$$-

You can submit a governance proposal to ragequit the pool

0
01.10.2023
Chuck-Beard
Dantes Stan (¤, ¤) | DON'T DM FOR ETH|$$
You can submit a governance proposal to ragequit t...

I submitted a discussion. What’s the step to get it to a governance proposal? https://gov.frax.finance/t/unlock-curve-vstfrax-f-pool-arbitrum/2620

0
01.10.2023
Luke-SkywalkeI2
Chuck Beard
I submitted a discussion. What’s the step to get i...

After 3-5 days it will move to snapshot. Though, I myself submitted one a week or two ago and the current outlook was grim. I doubt this will pass, but you do have more in your favor with the Vesta circumstance, regardless, good luck sir.

0
01.10.2023
Chuck-Beard
Luke SkywalkeI2
After 3-5 days it will move to snapshot. Though,...

I guess I just don’t see a downside to unlocking an LP to a now defunct project? What benefit is it to Frax to keep this LP token locked? I pinged Sam K earlier because I genuinely want to understand the downside. I’m all for team Frax here so if it helps the protocol in some way I don’t understand it doesn’t bother me to keep it locked up

0
01.10.2023
Luke-SkywalkeI2
Chuck Beard
I guess I just don’t see a downside to unlocking a...

The downside is this https://facts.frax.finance/frax/balance-sheet If it weren't for locked liquidity. We would have more liabilities than assets as a protocol. They don't want to set a bad precedence with unlocks right now while we are under 100% CR.

0
01.10.2023
Thai-Felix
Chuck Beard
I submitted a discussion. What’s the step to get i...

Thanks pretty cool - is that leading to something or still the same vetos?

0
11 месяцев назад

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