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Frax Finance Frax Finance
Sathish-Kumar

I locked fxs for 4 months. The vefxs are redeemable

for fxs at par?

#cryptocurrency #english #frax
0

7 ответов

21 просмотр
Andy - IQ & Frax Finance 🧠-(Slow Replies @ T2049)

No ser veFXS is not a transferable token nor does it trade on liquid markets. It is more akin to an account based point system that signifies the vesting duration of the wallet's locked FXS tokens within the protocol.

0
20.11.2023
Bizy-

At the end of 4 months you will get roughly 1.001 fxs for each fxs you deposited The real yield to veFXS lockers will be after the protocol reaches stable 100%CR then we're all printing 🙌

0
20.11.2023
Sathish-Kumar Автор вопроса
Bizy
At the end of 4 months you will get roughly 1.001 ...

Thank you. CR now is ~40% right

0
20.11.2023
Andy - IQ & Frax Finance 🧠-(Slow Replies @ T2049)
Sathish Kumar
Thank you. CR now is ~40% right

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

0
20.11.2023
Vagabond-
Bizy
At the end of 4 months you will get roughly 1.001 ...

So basically if i stake 1 FXS for four years, I’ll be getting 1 more FXS after the set term? Making it total 2 FXS

0
20.11.2023

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