We can't expect rewards in each pool to stay high

Question

Frax Finance

Bizy

We can't expect rewards in each pool to stay high

for the 3 years?

#cryptocurrency #english #frax

0

21.01.2024

4 ответов

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Bizy Автор вопроса

Alpha
The problem with those products is that you can’t ...

You're only stuck if you decide to lock for 3 years Is not a fixed interest rate product I did the same with vefxs, locked it for 3 years and right after I did it the apy fell by 90%, that's what I get for locking up for long without a fixed rate product

0

4 месяца назад

Alpha

Bizy
You're only stuck if you decide to lock for 3 year...

It’s in the protocol’s best interest to take care of people that lock long term on Convex FRAX. I feel scammed getting a 4% on stables when there are so many better options with no lock. And obviously I won’t lock again if rewards don’t improve.

0

4 месяца назад

Jefe ElJefe

Alpha
It’s in the protocol’s best interest to take care ...

I’m getting less than 1% on stables and I still don’t feel scammed because of what I got up front

0

4 месяца назад

Alpha · Accepted Answer

Alpha

The problem with those products is that you can’t leave, you are stuck there for 3 years, so if they stop rewarding it, you are fucked, that’s terrible for the protocol’s reputation. I’m certainly not going to lock for 3 years anymore unless this is fixed.

0

4 месяца назад

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We can't expect rewards in each pool to stay high

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