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Costi-

Is there anywhere that states what % of protocol revenue

is used for the buy-back and burns that go towards FXS?

#cryptocurrency #english #frax
0

13 ответов

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

There is no more burns once we hit 100% CR all the profits will go to vefxs

0
18.12.2023
Costi- Автор вопроса
Andy - IQ & Frax Finance 🧠 (Slow Replies @ T2049)
There is no more burns once we hit 100% CR all th...

Is there somewhere to read up on how this will be handled post 100% CR?

0
18.12.2023
Andy - IQ & Frax Finance 🧠-(Slow Replies @ T2049)
Vitaliy Gataulin
So one needs to claim the profit now?

You can claim your rewards at anytime and we recommend claiming it before your lock expires

0
18.12.2023
Jae | Built On Fraxtal-
Costi
Is there somewhere to read up on how this will be ...

There aren't official docs but searching 100% in the TG chat will also provide you with some reading material.

0
18.12.2023
Vitaliy-Gataulin
Andy - IQ & Frax Finance 🧠 (Slow Replies @ T2049)
You can claim your rewards at anytime and we recom...

Yeah. I understand. I ask about the process of claiming. What tokens will be used for the rewards?

0
18.12.2023
Costi- Автор вопроса
Andy - IQ & Frax Finance 🧠 (Slow Replies @ T2049)
https://gov.frax.finance/t/fip-188-increase-cr-to-...

Totally understand the motive and strategy behind aiming for 100% CR and approving $3m in monthly ETH purchases. Is there anywhere to track currently monthly protocol revenue/profits?

0
18.12.2023
Andy - IQ & Frax Finance 🧠-(Slow Replies @ T2049)
Costi
Totally understand the motive and strategy behind ...

you can check https://facts.frax.finance and i believe the revenue dashboard is in works

0
18.12.2023
Costi- Автор вопроса
Andy - IQ & Frax Finance 🧠 (Slow Replies @ T2049)
you can check https://facts.frax.finance and i b...

Have done so and couldn't see a protocol/DAO revenue tracker anywhere. That said it, you guys did a great job or displaying all the key components/value locked. @samkazemian - Would be great to see a monthly tracker to posts DAO expenses/costs for the month against protocol earnings. We could even vote on a dev-fund post 100% CR that can cover the costs of protocol and clearly establish what % of monthly profits will be used for buy-backs/treasury building/DAO costs.

0
18.12.2023

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