Can delete But now that you're online Would love to know you're

Question

Can delete But now that you're online Would love to know you're

thinking on your proposal given the feedback you've read

Seems like a good deal to
Sell fxs for 8
Buy 1 cvxfpis for 2
Get 1 cvxfxs worth 8

Does that make sense?

#cryptocurrency #english #frax

0

22.02.2024

5 ответов

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B Mac

Sam Kazemian ¤⛓️¤
I said above we could rethink the ratio and have a...

Was there any rationale on proposing 1:1 initially?

0

10 месяцев назад

Sam Kazemian ¤⛓️¤

B Mac
Was there any rationale on proposing 1:1 initially...

Honestly, just as a starting suggestion. Initially there were other options like a 2 year lock and various exchange rates but wanted to keep it simple without confusing people in the initial draft on the forum. Seems like many people think it's too favorable now. Perhaps a poll or something if it could be sybil-protected (like an onchain poll) could be a good idea for a fair exchange rate.

0

10 месяцев назад

arzra

Sam Kazemian ¤⛓️¤
Honestly, just as a starting suggestion. Initially...

Everybody will just talk their bag like always Something to consider is that in its core it was an airdrop to FXS holder So the ones who dumped FPIS right in the beginning for more FXS are now complaining it’s too much or they joined later and only bought FXS (therefore can’t be real longterm supporter) Otherwise long term holder who didn’t sell their FPIS should have all the same ratio of FXS and FPIS I’m belonging to that cohort and don’t think 1:1 is much of a problem. I hold both, have majority locked longterm and happy to relock my FPIS for 4 years in order to align everything around FXS If now opportunistic people buy FPIS from the market to get 1:1 in 4 years so be it. If you think it’s too good just buy yourself 🤷‍♂️

0

10 месяцев назад

White Brow

arzra
Everybody will just talk their bag like always So...

Yep, anybody who came in after February 20th 2022 snapshot cannot be a long term supporter.

0

10 месяцев назад

Sam Kazemian ¤⛓️¤ · Accepted Answer

Sam Kazemian ¤⛓️¤

I said above we could rethink the ratio and have an additional vote option and also the FXTL snapshot eligibility could be removed. Waiting for other people/Convex/others to weigh in since it hasn't even been 12 hours yet. Trying to follow as much of the feedback as possible 🙏

0

10 месяцев назад

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