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Ab-

Hey guys, is frax now 100%backed by usdc?

#cryptocurrency #english #frax
0

9 ответов

5 просмотров
Andy - IQ & Frax Finance - Attending GMVietnam 🇻🇳-@ TBW 13-18

The current CR is around 92%

0
8 месяцев назад
Andy - IQ & Frax Finance - Attending GMVietnam 🇻🇳-@ TBW 13-18

You can calculate it here: https://facts.frax.finance/frax/balance-sheet CR=(Total Assets-Locked Liquidity)/Total Liabilities

0
8 месяцев назад
Ab- Автор вопроса
Andy - IQ & Frax Finance - Attending GMVietnam 🇻🇳 @ TBW 13-18
The current CR is around 92%

Where can i see it? Also, aren't you guys aiming to get frax 100 % backed??

0
8 месяцев назад
Andy - IQ & Frax Finance - Attending GMVietnam 🇻🇳-@ TBW 13-18
Ab
Where can i see it? Also, aren't you guys aiming t...

Yes that is the goal which we’ve been progressively working on 👍🏻 https://gov.frax.finance/t/fip-188-increase-cr-to-100/2147

0
8 месяцев назад
Ab- Автор вопроса
Andy - IQ & Frax Finance - Attending GMVietnam 🇻🇳 @ TBW 13-18
Yes that is the goal which we’ve been progressivel...

The value that is used maintain the CR of FRAX is coming out of stakers yield right? The proposal doesn't mention until when it will be complete

0
8 месяцев назад
Jae |-
Ab
The value that is used maintain the CR of FRAX is ...

Yes there are many avenues which go towards 100% CR, there isn't a date mentioned because there isn't an ETA

0
8 месяцев назад
Ab- Автор вопроса
Andy - IQ & Frax Finance - Attending GMVietnam 🇻🇳 @ TBW 13-18
The current CR is around 92%

I calculated it, right now it is 88%,am i correct?

0
8 месяцев назад

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