Hey everyone, I am trying to get a jist of

Question

Hey everyone, I am trying to get a jist of

how much frax actually generates in revenue. I was looking on defilama and noticed that FRAX is only doing about $3,000,000 per year in revenue. Is this correct or off?

#cryptocurrency #english #frax

0

11.03.2024

4 ответов

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Ambrogio Orso

Nah „It is in the top five of all global stable coins with $1.4 billion in market value. With just eight people, it earned $83 million in revenue in 2021 and $46 million in the first half of 2022, making money through trading fees and lending.”

0

3 месяца назад

Swami Crypto Автор вопроса

Ambrogio Orso
Nah „It is in the top five of all global stable co...

What about 2023 or YTD?

0

3 месяца назад

Ambrogio Orso

Swami Crypto
What about 2023 or YTD?

IDK, but a lot. Imagine revenue share with veFXS stakers + additional bonuses from FXTL points. Insane 🤯

0

3 месяца назад

Sam Kazemian ¤⛓️¤ · Accepted Answer

Sam Kazemian ¤⛓️¤

It's very stale and off. The Fraxlend AMO by itself makes nearly $30k/day of income which is over $10m of annual revenue alone just to give you an idea of how off the current defillama stats are.

0

3 месяца назад

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Hey everyone, I am trying to get a jist of

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