severely depegs from it, say it goes down to 50% peg, that would still be a 4x
But, from a protocols perspective, end result is locked veFxS which is achieved
yes but in what way is any of this good for us vefxs holders?
There are 2 parts. I am trying to see all perspectives. Benefit to Fxs - 1 token vs 2 is a win. Surplus in assets is a win. No cash outlay today is a win. Whether 1:1 is the right equation, that is a different convo. I guess I don’t tie in how cvxFXS changes anything
the amount of loss this would cause for my vefxs position i don't see it being worth the benefits
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