then move on to Frax and FXS for payments on the chain?
Because Fraxtal will start as an Ethereum rollup so gas is in an ETH-equivalent asset like frxETH. Later as the chain expands, it can have FXS and a range of assets as the gas and also staking token.
I love how you’re thinking about burning liabilities with fraxtal. I don’t think FXS as gas makes much sense. Thats like saying you have to burn the Amazon shares you got very early to use AWS lol Just imagine if there were only 100mil AWS shares and gave you cash flow from AWS. Those would be gold. Also, sometimes AWS burns some AWS shares for the giggles to make them even more valuable.
If you burn liabilities (fxseth) but your assets stay the same (eth) then you can pay your debt holders more yield (kinda crazy to think about) or make more profit.
Hahaha what a take to that question! Well thought of
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