209 похожих чатов

Is there any plan for finres PBC to issue its

own redeemable stable?

9 ответов

26 просмотров

Wouldnt it make liquidity less sticky?

You mean like if it issued frxUSD or something? 🤔

Razor0X Finanzgoblin
Would it be a two token system like sfrxETH and fr...

Well FRAX and sFRAX are that two token system. I was just throwing ideas out there since you brought up a fiatcoin.

Razor0X Finanzgoblin
Can you tell me whether or not I am midcurving thi...

The "swap facility" for a hypothetical frxUSD would be to dollars. On-chain, there would be a clear preference for liquidity for FRAX.

Razor0X Finanzgoblin
Can you tell me whether or not I am midcurving thi...

You’re not midcurving ser. FRAX is basically a hybrid stablecoin after v3. It used to be a fractional stablecoin with an algorithmic component backed by FXS. But after the gov vote to move to 100% CR, now FRAX is a fractional stablecoin between blue chip crypto collateral and fiat/RWA/tbill collateral based on the IORB rate. Basically if you wanted to have a new way to think about it: imagine the fractional part of FRAX is now represented as the demand for IORB yield in sFRAX. The rest is crypto collateral.

Похожие вопросы

Обсуждают сегодня

@Benzenoid can you tell me the easiest, and safest way to bu.y HEX now?
Živa Žena
20
This is a question from my wife who make a fortune with memes 😂😂 About the Migration and Tokens: 1. How will the old tokens be migrated to the new $LGCYX network? What is th...
🍿 °anton°
2
What is the Dex situation? Agora team started with the Pnetwork for their dex which helped them both with integration. It’s completed but as you can see from the Pnetwork ann...
Ben
1
Anyone knows where there are some instructions or discort about failed bridge transactions ?
Jochem
21
@lozuk how do I get my phex copies of my ehex from a atomic wallet, to move to my rabby?
Justfrontin 👀
11
Hello, Is iExec also part of the "inception program" or another one ? Would it be a name to qualified the nature of the relationship between iExec and Nvidia? And does Secret ...
Ñïķøłäś
8
Ready for some fun AND a chance to win TKO Tokens? Join us for exciting minigames in our Telegram group! 🕒 Don’t miss out—games start on today 25 October 2024, at 8 PM! Ge...
Milkyway | Tokocrypto
255
any reference of this implementation?
BitBuddha
29
Also, why can’t the community have a vote/ say when it comes to initiatives like buybacks. Isn’t the point of crypto decentralisation? Don’t we deserve input as long term supp...
👨🏽‍🦰
13
Hi guys, any problem with Pulsebrige? Trying to transfer from wETH to ETH. First it tells me to connect my metamask "through mobile app" not desktop. Then I did and confirmed ...
Snowflakecrypto
13
Карта сайта