I think I'm in favor of a merge if we

Question

I think I'm in favor of a merge if we

find a mechanism that feels more fair, just based on consolidating and simplifying it all. But there seems to be this idea that while FXS side wants to merge, the FPIS needs more incentive to agree to a merge. Purely from an FXS standpoint, what is the upside really for a merge? Some extra revenue from FPIS, do we know how much? How much is the value really? If FPIS are the ones that don't want to merge, lets figure out how much it's worth to FXS holders, and propose that amount / method.

#cryptocurrency #english #frax

0

22.02.2024

6 ответов

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Bizy

They make so little money it would be hard to put a price on it lol

0

9 месяцев назад

Justin Abraham (¤, ¤)

Mark11
There isn't any - it is Frax's worst product - no ...

Just because the market conditions werent ready for fpi and it was early doesn't mean it's a bad product. We will need FPI in the future..have you used it. I get pretty good yield on FPI for a stablecoin. It's literally a genius mechanism design that will do well in the right environment and doesn't cost much during the bear. I do agree the proposal needs a rewrite but hey at least it got us all talking.

0

9 месяцев назад

Mark11

Justin Abraham (¤, ¤)
Just because the market conditions werent ready fo...

If FPI was successful we wouldn't be having this conversation - FPIS shooters shot their shot and the product wasn't a success. FXS holders already have 33% ownership of FPI protocol and now we are being asked to pay an 800% premium for the remaining share of FPI protocol when realistically a 50% premium would have done the deal nicely

0

9 месяцев назад

TreeClimbingBear

Mark11
If FPI was successful we wouldn't be having this c...

Before this bear....fpis was doing just fine I thought....both fxs and fpis have taken a hit. If fxs went to 100, I don't know where fpis would be but 20 doesn't seem insane

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9 месяцев назад

Weaspomer

Mark11
There isn't any - it is Frax's worst product - no ...

source:

0

9 месяцев назад

Mark11 · Accepted Answer

Mark11

There isn't any - it is Frax's worst product - no one wants it - the only way it could grow is with incentives from FXS

0

9 месяцев назад

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