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Does anyone hold any concerns about the frax:usdc curve pool?

It’s constantly unbalanced and decreasing in TVL as consequence

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Not a problem, we are slowly moving POL to the new FRAXPYUSD pool and FRAXsDAI and others. It won’t be quick and happen over a period of time but the actual collateral ratio and backing assets of FRAX haven’t changed. You can view them in the balance sheet page. The FRAXUSDC pool is just getting slightly smaller over time.

Sam Kazemian ¤⛓️¤
Not a problem, we are slowly moving POL to the new...

Just to update everyone, we are moving more protocol owned liquidity (POL) to FRAXPYUSD and FRAXsDAI in line with rebalancing the FRAXUSDC pool slightly lower. When checking for FRAX onchain liquidity on Curve, make sure you also include the below pools in your calculation, otherwise you might incorrectly think that the stablecoin has less liquidity or a lower CR than it really does: https://curve.fi/#/ethereum/pools/factory-stable-ng-34/swap https://curve.fi/#/ethereum/pools/factory-stable-ng-32/swap FRAX is entirely the same security and safety as before but we are optimizing the protocol yield strategy to increase protocol revenue and quickness of the CR to 100%.

Sam Kazemian ¤⛓️¤
Just to update everyone, we are moving more protoc...

In the future, would all of these decisions become governance proposals? And, if yes, how do you foresee the need for quick decisions, such as optimizing yield and moving the POL vs the need for votes/decentralized decisions?

Nomada-Amador Автор вопроса
Nomada Amador
This could be a good pinned message

I mean it's in the balance sheet so I would hope people who are worried about liquidity also look at that.

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