@Samkazemian how do you feel about the Connext governance proposal

Question

@Samkazemian how do you feel about the Connext governance proposal

? Any reason it couldn't be beneficial? The way I understand it, it's basically like an escrow on top of fraxferry for quicker bridging to the end user

#cryptocurrency #english #frax

0

13.01.2024

10 ответов

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Sam Kazemian ¤⛓️¤

Ya as Mark11 said, the cost is the only thing. People seemed up in arms over the flywheel grant which was about the same range (6 figures) so I think the cost for such a small integration seems dubious

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3 месяца назад

Luke SkywalkeI2 Автор вопроса

Mark11
It could not be beneficial by costing us $120K

I mean. Sure, there's a price tag.. and one could argue that they could just deploy it themselves without the funding for market adoption. But im a big fan of connext, they've been in the game quite a while, and I've seen countless people wish fraxferry were faster. I know it is not for the sake of security and im okay with that. But sometimes speed is of the essence. And actually, @samkazemian here's a great question I hadn't considered that will quite possibly render the consideration for Connext unnecessary by all counts.. Can you speak on what the "transition/settlement speed" will be to bridge to Fraxtal? Will we be using FraxFerry for that? Something else?

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3 месяца назад

Luke SkywalkeI2 Автор вопроса

Luke SkywalkeI2
I mean. Sure, there's a price tag.. and one could ...

Man. I feel like I've been exiled by King Kaz 😞

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3 месяца назад

Takeo Manjome

Luke SkywalkeI2
I mean. Sure, there's a price tag.. and one could ...

Hopefully not as slow as other L2 chains coming back (7 days).

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3 месяца назад

Mark11

Luke SkywalkeI2
I mean. Sure, there's a price tag.. and one could ...

Ser bls see this https://t.me/fraxfinance/301471

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3 месяца назад

Luke SkywalkeI2 Автор вопроса

Mark11
Ser bls see this https://t.me/fraxfinance/301471

How is that related? Something I don't understand about "cosmos stack"? ... I don't think that message has any relevance to "how fast can we move onto and off of Fraxtal", does it ??

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3 месяца назад

Mark11

Luke SkywalkeI2
How is that related? Something I don't understand ...

You realise Axelar is a general purpose bridging protocol, not just Cosmos?

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3 месяца назад

Luke SkywalkeI2 Автор вопроса

Mark11
You realise Axelar is a general purpose bridging p...

To be 100% honest with you, I completely missed the Axelar bit and keyed in on the Berachain part.. and to be even more honest, I know 0 about Axelar, I thought it was just the name of the "team/lab" behind Berachain 😅 I suppose I have some research to do.

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3 месяца назад

Luke SkywalkeI2 Автор вопроса

Luke SkywalkeI2
To be 100% honest with you, I completely missed th...

Appreciate the nudge @Mark11eth

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3 месяца назад

Mark11 · Accepted Answer

Mark11

It could not be beneficial by costing us $120K

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3 месяца назад

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@Samkazemian how do you feel about the Connext governance proposal

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