to any sfxs or crvfxs?
You can see all the options for single FXS staking here : Also might help ser: veFXS: https://app.frax.finance/vefxs TOKEMAK : http://tokemak.xyz/#assetTable cvxFXS (Convex) : https://frax.convexfinance.com/ pitchFXS (Pitch) single-sided staking is also live at https://pitch.money/frax sdFXS (Stake DAO LL) single-sided staking: https://lockers.stakedao.org/lockers/fxs
Hi, the veFXS pool has only 0.2% - 0.78% APR why is this so low?? Is there any other official FXS staking pool from frax? What do you recommend?
As soon as we're at 100% CR it will be many many multiples of that. But for now (nearly) all profits are used to get to that point.
What do you mean CR? And why there will be many multiples in the future?
Hi Marcel, nice to see you here, this is Dimitri. CR stands for Collateral Ratio, right now is around 95% for FRAX stablecoin
Hey Dimitri! Nice to see you here, thanks for the response, now I understand. Any time estimation about when will reach the 100% CR?
It depends on the price of the assets on the Balance Sheet and the profits generated by each AMO (Algorithmic Market Operator). With the launch of BAMM, estimated for the first months of 2024, the CR should increase rapidly to 100%. The exact date is not known, but seeing 2024 in perspective, it would not seem unreasonable to me that it could be achieved by the end of the first quarter of 2024
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