Based on usage of the chain right? So the more

Question

Frax Finance

Milan (I dont DM first)

Based on usage of the chain right? So the more

usage the more rewards. The less usage the less rewards, correct?

#cryptocurrency #english #frax

0

15.02.2024

4 ответов

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Milan (I dont DM first) Автор вопроса

Qrayon Shinchan
Yes?

So then the question is, how will the usage increase and provide the level of incentives/rewards to keep people sticky into the ecosystem?

0

9 месяцев назад

Qrayon Shinchan

Milan (I dont DM first)
So then the question is, how will the usage increa...

Lol, the system is designed to make Frax the most economical chain to build on. There is already huge protocols coming, and Frax will support and give those protocols liquidity. Since the system is designed to be "sticky" with veFXS as rewards it also aligns protocols with Frax long term. Most likely, and I understood this today there might be some issuance of FXS? Or option to dialute it. I was against this before, but after listening to the podcast today that changed my opinion. Dialute FXS some to bootstrap rewards early and earn from it long term sounds good. So actually FXS might also be some of what brings the protocols 👍

0

9 месяцев назад

Milan (I dont DM first) Автор вопроса

Qrayon Shinchan
Lol, the system is designed to make Frax the most ...

Youre not focussing on the core argument. If the yield is low/on chain activity is low compared to other competitors or not enough why would users come here or why would projects deploy here?

0

9 месяцев назад

Qrayon Shinchan · Accepted Answer

Qrayon Shinchan

Yes?

0

9 месяцев назад

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