@Samkazemian Is frxAtom viable? Similar to frxeth dual currency model

Question

@Samkazemian Is frxAtom viable? Similar to frxeth dual currency model

for lending business. Cosmos offers a pledge rate of 10%+, which is much higher than ETH. At the same time, Cosmos ecosystem generally has a 14-21 day unlock period, although not as long as ETH, but also provides a certain amount of space. Offering a current lending yield of around 6% and lending ATOM to leveraged miners at an interest rate of 10% seems productively viable.Random problem

#cryptocurrency #english #frax

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12.01.2024

2 ответов

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paul Автор вопроса

Sam Kazemian ¤⛓️¤
We're definitely exploring other frxAssets when we...

That makes sense. Very excited that you have considered and planned. expect

0

10 месяцев назад

Sam Kazemian ¤⛓️¤ · Accepted Answer

Sam Kazemian ¤⛓️¤

We're definitely exploring other frxAssets when we launch Fraxtal. If chains want to be a fraxtal chain spec to our mainnet (have a trustless bridge), we can definitely launch a native LSD for them, frxATOM as well as frxTIA have been in consideration for us. Of course, that's after frxBTC first which is a very important unit of account.

0

10 месяцев назад

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@Samkazemian Is frxAtom viable? Similar to frxeth dual currency model

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