Hello Can someone explain me what is the difference? When the CR

Question

Hello Can someone explain me what is the difference? When the CR

will be 100% it will be the same
veFXS holders will get protocol revenue. So what is the difference of it now? The will get now revenue? What about CR? It will not be 100% then

#cryptocurrency #english #frax

0

26.02.2024

11 ответов

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Leon 🏴‍☠️

Bueno Pues
Currently, most revenue goes towards backing the o...

What was that article about then

0

9 месяцев назад

T Автор вопроса

Bueno Pues
Currently, most revenue goes towards backing the o...

You didn’t understand the question. I am talking about proposal that will make frax like uni. What is the difference?

0

9 месяцев назад

Blocks Grahm

T
You didn’t understand the question. I am talking a...

Lmao you didn’t understand the answer, please read it again 😂

0

9 месяцев назад

T Автор вопроса

Blocks Grahm
Lmao you didn’t understand the answer, please read...

))

0

9 месяцев назад

T Автор вопроса

Blocks Grahm
Lmao you didn’t understand the answer, please read...

Mister Smart Indus Hollow Grahm. I will try to explain you. The vefxs revenue will be when the cr100%. But what about UNI model? What will be done after uni model? vefxs holders will get revenue? So everybody knows that they will get revenue after cr100. Thanks mister smart indusish Grahm. God bless indus smart guys:)

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9 месяцев назад

Blocks Grahm

T
Mister Smart Indus Hollow Grahm. I will try to exp...

Like I said, read it again. He explained it to you already, but he can’t comprehend it for you. That one’s fully on you my guy.

0

9 месяцев назад

T Автор вопроса

Blocks Grahm
Like I said, read it again. He explained it to you...

Oh sorry. You are not smart Indus, you are very smart indus:)

0

9 месяцев назад

T Автор вопроса

Blocks Grahm
Like I said, read it again. He explained it to you...

Mister Indus, I know that for you is very hard to understand. But try to do it last time So what coindesk and sam article about proposal say? What they will do? Giving revenue to holders and use small % of revenue to make cr100%?

0

9 месяцев назад

T Автор вопроса

Blocks Grahm
Like I said, read it again. He explained it to you...

Indiana you understand me?

0

9 месяцев назад

Bueno Pues

T
You didn’t understand the question. I am talking a...

1. I feel as though, if you reread your question, I did my absolute best to answer it. 2. Regarding Coindesk - it seems as though there is speculation that revenue will be shared with veFXs holders before we reach CR100. So, the speculation that Frax will be more like Uni is only speculation at this point 3. In reality, Frax was always going to share protocol revenue with token holders, so, personally, Uni is copying Frax but, that is a different topic for a different day 4. There is a chance, this week that a new proposal may emerge in the governance forums which will put a higher % of protocol profit in the hands of veFXS stakers. But, at this time, CR100 is the current plan. 5. @madblocks is an absolute rockstar and I don’t know if “very smart indus” is supposed to be a compliment or an insult, but, if a description is aligned with @madblocks I would see it as a compliment bc of how much he/she/they have done for the community. I hope that fully answers your question. Anything else, please feel free to ask and provide as much detail as possible so that to members of this community can help.

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9 месяцев назад

Bueno Pues · Accepted Answer

Currently, most revenue goes towards backing the outstanding liabilities. I don’t have the numbers in from of me, but, there is about $650M outstanding Frax (dollar pegged stablecoin) and only $640M backing that. Therefore, Frax’s treasury is under collateralized based on the amount of outstanding Frax. Currently, mostly all protocol revenues go towards the treasury filling the gap and getting us closer to 100% backing for the Frax stablecoin. When the backing is 100% (CR100), the additional revenues that are currently going towards treasury will go towards the veFxS stakers

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Hello Can someone explain me what is the difference? When the CR

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