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Ab-

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

#cryptocurrency #english #frax
0

9 ответов

13 просмотров
Andy - IQ & Frax Finance 🧠-(Slow Replies @ T2049)

The current CR is around 92%

0
17.10.2023
Andy - IQ & Frax Finance 🧠-(Slow Replies @ T2049)

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

0
17.10.2023
Ab- Автор вопроса
Andy - IQ & Frax Finance 🧠 (Slow Replies @ T2049)
The current CR is around 92%

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

0
17.10.2023
Andy - IQ & Frax Finance 🧠-(Slow Replies @ T2049)
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
17.10.2023
Ab- Автор вопроса
Andy - IQ & Frax Finance 🧠 (Slow Replies @ T2049)
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
17.10.2023
Jae | Built On Fraxtal-
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
17.10.2023
Ab- Автор вопроса
Andy - IQ & Frax Finance 🧠 (Slow Replies @ T2049)
The current CR is around 92%

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

0
17.10.2023

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