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Bzyuck-NFL

Guys so if value of fxs/cvx/goes up and cr increases

to 100% what happens then? Protocols sell s the volatile token so we keep the cr 100% in the future?

#cryptocurrency #english #frax
0

4 ответов

15 просмотров
Alberto-

if i was a big Frax shareholder i would try to push to, at least, stop accumulating these farmed volatile assets. makes no sense provided the goal is actually to bring the stablecoin to fully collateralized

0
06.11.2023
Razor0X-Finanzgoblin
Alberto
if i was a big Frax shareholder i would try to pus...

Unless you speculate on adoption and the possibility of DeFi transaction volume increasing by 10-2000x

0
06.11.2023
Grills-
Alberto
if i was a big Frax shareholder i would try to pus...

You do know these volatile tokens are what helps us get liquidity right? Imagine how much we'd lose in bribes if we didn't have a stake in crv/cvx.

0
06.11.2023
Alberto-
Grills
You do know these volatile tokens are what helps u...

we already have a decent stack to incentivize our liquidity for years. we even reduced our size in FraxBP removing a bunch of Frax. Now we should prioritize getting to fully backed first. And that passes to using all revenue to get stables instead of locking more CRV and CVX

0
06.11.2023

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