@Samkazemian why are people 3 year locking FXB’s with a

Question

Frax Finance

Samuel (Flywheel | Leviathan News)

@Samkazemian why are people 3 year locking FXB’s with a

1 year expiration. What happens to the FXB’s when maturity hits?

#cryptocurrency #english #frax

0

24.01.2024

5 ответов

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C2tP

The fxb would stop accruing yield. Which means frax/vefxs takes all profit for those fxbs as the underlying can still be used for yield. That being said, prob need to kill them at some point down the line

0

10 месяцев назад

Samuel (Flywheel | Leviathan News) Автор вопроса

C2tP
The fxb would stop accruing yield. Which means fr...

I started a discussion post on the forum. We should limit the max lock time to the maturity date. It’s bad UX to let it happen and people are going to get pissed and call for rage quits for their own mistakes.

0

10 месяцев назад

Samuel (Flywheel | Leviathan News) Автор вопроса

C2tP
The fxb would stop accruing yield. Which means fr...

yeah and people would stop swapping them as well. the yield would go to zero both for the FXB’s and from Convex.

0

10 месяцев назад

C2tP

Samuel (Flywheel | Leviathan News)
I started a discussion post on the forum. We shoul...

One thing to note is that newer farms don't have migration ability and thus can't "rage quit"

0

10 месяцев назад