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It seems to me sFrax won’t meaningfully increase the supply

of Frax. Users will buy Frax to stake, but then finres will convert back to USDC or USDP and withdraw for USD to buy treasuries. Am I misunderstanding?

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Is sDAI good for the supply of DAI?

Andrew-Hitchcock Автор вопроса
Sam Kazemian ¤⛓️¤
Is sDAI good for the supply of DAI?

Idk. I don’t know how they convert the Dai to RWA.

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