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L-Z

@Samkazemian wen you talked about bamm about borrowing lp tokens

are you refering that the collateral turns into an lp when youre on lick range?

#cryptocurrency #english #frax
0

2 ответов

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Sam-Kazemian ¤⛓️¤

The debt is denominated as an LP token but the actual asset borrowed is the other token. The reason I refer to it as "borrowing LP tokens" is because you don't need an oracle to know the amount of debt you have since xy=k gives you the price of your debt.

0
1 месяц назад
L-Z Автор вопроса
Sam Kazemian ¤⛓️¤
The debt is denominated as an LP token but the act...

Would be interesting to see something like bamm with the invariant formula from fxn so you dont need oracles

0
1 месяц назад

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screenshot

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