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MBD-Tan

Hi can we mint frax bonds on arbitrum?

#cryptocurrency #english #frax
0

8 ответов

30 просмотров
Sam-Kazemian ¤⛓️¤

Not mint, but you can buy the FXBs on mainnet here and then bridge them to Arbitrum using their native L2 bridge: https://app.frax.finance/fxb/overview

0
10 месяцев назад
MBD-Tan Автор вопроса
Sam Kazemian ¤⛓️¤
Not mint, but you can buy the FXBs on mainnet here...

So we can bridge fxbs to arbitrum using the arbitrum bridge?

0
10 месяцев назад
MBD-Tan Автор вопроса
Sam Kazemian ¤⛓️¤
That's correct.

That’s great. I sorta recall that we can’t bridge frax over to arb using their native bridge. Is it now different for fxb?

0
10 месяцев назад
Sam-Kazemian ¤⛓️¤
MBD Tan
That’s great. I sorta recall that we can’t bridge ...

Most Frax-assets can be bridged using the Fraxferry, the native system to move Frax-assets across different chains. But since FXBs are ephemeral tokens (they're bonds) since they convert to 1 FRAX stablecoin at their maturity date, we decided it is not worth the effort to create native issuance infrastructure for each FXB since they will turn into FRAX tokens anyway eventually. So FXBs don't have ferries, you can use native rollup bridges for them or 3rd party bridges if you want to bridge them to altL1s 🙂

0
10 месяцев назад
Jason | Axelar-
Sam Kazemian ¤⛓️¤
Most Frax-assets can be bridged using the Fraxferr...

Axelar is here to support Fraxtal. Squid Router will also be live on day 1 to help users to bridge and cross-chain swap to Fraxtal!

0
10 месяцев назад
Sam-Kazemian ¤⛓️¤
Jason | Axelar
Axelar is here to support Fraxtal. Squid Router wi...

Yes ser! We're excited for getting FXBs and all Frax-assets to chains where Axelar operates 🤝 going to be a great 2024 for Axelar<>Fraxtal.

0
10 месяцев назад

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