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Hey @samkazemian what about the FXS used as collateral on

Fraxlend? Should people remove their positions and lock as veFXS in order to get the airdrop?

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Right now things are only veFXS but the chain isn't even launched yet so we'll make sure the info is public a couple weeks ahead of time so everyone knows how it will work 🙂

Sam Kazemian ¤⛓️¤
Right now things are only veFXS but the chain isn'...

Ah so we’ll get a full announcement before points start to accumulate?

OldPaul AmaZix 🆓
fomo now...

For what ? Points have started accumulating

Sam Kazemian ¤⛓️¤
Right now things are only veFXS but the chain isn'...

Hey Sam. So just to confirm, we'll have time between the announcement and the snapshot to lock FXS for veFXS (to get the associated rewards)?

D
Hey Sam. So just to confirm, we'll have time betwe...

Yes, but it’s not just a one time thing. There will be a big launch ya. But points and subsequent drops/utility to veFXS is planned. So it’s not like you will either miss the single snapshot and lose out. It will build up more each epoch.

Sam Kazemian ¤⛓️¤
Yes, but it’s not just a one time thing. There wil...

so is there an announcement for us to start to lock FXS and continue to stake to earn points/drops or there are snapshots to be taken before the announcement as well?

Sam Kazemian ¤⛓️¤
Yes, but it’s not just a one time thing. There wil...

Will there be benefits for people being locked already longer time in veFXS? Like retrogard epoch counter eg. We believed in the project from the beginning and deserve some compensation for the last year of 0.x% APY :D

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