I see ok. To be honest the numbers are pretty

Question

I see ok. To be honest the numbers are pretty

inflated. Who knows if 13k a month is needed for a "Lead marketing endeavors to amplify selected partners." Why not start part time for 3 months or 6 months and do another proposal. All the numbers seem inflated. Also, you know FXS is about to explode soon and you want to do it at $6.90 where you potentially will make millions AND your channel will probably explode through this funding? Allowing you to create future revenue streams from other sources

#cryptocurrency #english #frax

0

10.01.2024

13 ответов

31 просмотр

Crypto Conquest Автор вопроса

OldPaul AmaZix 🆓
the FXS token evaluation part has been already add...

I get it. One thing is being able to deal with feedback. Another thing is actually try to be objective. Its kind of worrying to read this proposal as it lacks a bit of introspection. It feels like 'lets try to get most out of it and if not we can always change stuff'. And I didnt know 2023 also got a grant? I thought it was just a hobby or supporters to build out their own channel themselves. They have less than 3k subscribers and they want about 40k a month?

0

11 месяцев назад

OldPaul AmaZix 🆓

Crypto Conquest
I get it. One thing is being able to deal with fee...

Стикер

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11 месяцев назад

Crypto Conquest Автор вопроса

Dont get me wrong it's good what they are doing and they have a niche. But the channel is very small and the views on videos are low too. We have to be realistic

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11 месяцев назад

Timothy

So you think 500,000 is good? How about 250k or 1 million? What's the cutoff for you for having a committed marketing team

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11 месяцев назад

OldPaul AmaZix 🆓

Timothy
So you think 500,000 is good? How about 250k or ...

Yes I do. And I already stated my opinion here: https://t.me/fraxfinance/300762

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11 месяцев назад

Crypto Conquest Автор вопроса

OldPaul AmaZix 🆓
Yes I do. And I already stated my opinion here: ht...

But they are not a 'pro setup' right?

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11 месяцев назад

mathletamine

Timothy
So you think 500,000 is good? How about 250k or ...

If Flywheel manages to bring a few million extra TVL into Frax / frxETH that wouldn't have come otherwise it almost pays off itself just from that. In crypto just one very popular tweet can do that. It's imo important to still keep pushing sfrxETH which I think Flywheel does

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11 месяцев назад

Timothy

mathletamine
If Flywheel manages to bring a few million extra T...

If fraxlend earns about 3.5% from yield spreads then would need to attract over $15 million in new user TVL to makeup for 500k cost

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11 месяцев назад

mathletamine

Timothy
If fraxlend earns about 3.5% from yield spreads th...

To completely cover the cost, yes. At that point it's a no brainer, you agree?

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11 месяцев назад

Crypto Conquest Автор вопроса

mathletamine
If Flywheel manages to bring a few million extra T...

Again, nobody is saying they are not doing a good job. Its about justifying the amount.

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11 месяцев назад

Adam Addy

Crypto Conquest
Again, nobody is saying they are not doing a good ...

you are focusing too much on the money without understanding the impact Flywheel has had over the past year and how it has helped to bring Frax grassroots Also, it is a year long grant , so the amount is totally justified We all agree Frax needs marketing this year so we shouldn’t flinch when we “actually” do something that makes that comes through

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11 месяцев назад

Milan (I dont DM first)

Adam Addy
you are focusing too much on the money without und...

You make it seem like its either everything or nothing lol

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11 месяцев назад

OldPaul AmaZix 🆓 · Accepted Answer

OldPaul AmaZix 🆓

the FXS token evaluation part has been already addressed here and in the governance forum. They are going to change the token evaluation as proposed, check this link https://gov.frax.finance/t/fip-3xx-flywheel-funding-for-2024/2840/5

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11 месяцев назад

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I see ok. To be honest the numbers are pretty

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