on FXS capitalization? For example what will happens in algoritmic phase in case of panic FRAX redemption. See no difference with Luna
FRAX is not dependent on FXS capitalization I believe, https://t.me/fraxfinance/293574
Definitely not And it shouldn't ever be included lest we fall into alameda/ftx trap Counting your own equity is bad unless you've borrowed against it and use the borrow part
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