regret in a few months or by any means necessary to get to CR 100?
We need to be backed by stables that's how you achieve cr100 Prisma is a great product but we don't need to hold alts We don't know if higher % fees charged by prisma will result in higher revenues. Depends how many new troves get opened and supply of new mkusd ultra.
I don’t think we’ve sold anything really but will look for you.
I suggest going forward, any surplus to CR after reaching 100%, protocol should use it to buy and hold btc in treasury
BTC or you mean ETH?
Mmm… which one is harder asset? More advantage on holding eth?
You don’t think FRAX has sold any Prisma? 🧐
make no sense to hold btc for FXS
I think he means something like the Tether strategy which is like using earnings of the stablecoin to buy BTC when tbill rates are high and crypto prices are low. Then enjoying BTC price rise when tbill rates drop and crypto goes up. It's a smart plan for Tether. For us, we can give the revenue to veFXS and conserve some revenue to build up POL in the BAMM in important pairs like FRAX-frxETH, FRAX-frxBTC, FRAX-FXS.
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