As a thought experiment to create this narrative: What is Fraxtal/Frax

Question

As a thought experiment to create this narrative: What is Fraxtal/Frax

doing/solving? (15 second answer)

Why do we need this? (15 second answer)

Example:

What is Solana doing/solving: Solana is a high-speed blockchain platform aiming to be faster and cheaper than any competitor by using a unique time-focused architecture.

Why do we need this?
We need faster and cheaper blockchain transactions like Solana offers because slow speeds and high fees can limit the usefulness of blockchain technology, making it impractical for everyday applications.

#cryptocurrency #english #frax

0

20.03.2024

7 ответов

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Milan Автор вопроса

This isn't a perfect answer but just an example and can take 1-2 days to sharpen the narrative

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1 месяц назад

Milan Автор вопроса

@DeFiDave222 let me know if u want to brainstorm more or w/e

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1 месяц назад

Milan Автор вопроса

Jason
The only reason you are talking about Solana right...

Can talk about Fantom as well. They are doing a good narrative push right now last weeks. Or SEI with their parallel EVM narrative. There are many examples

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1 месяц назад

Jason

Milan
Can talk about Fantom as well. They are doing a go...

So I disagree with you on frax is doing too many things at once and no being easy to understand. Look at LDO, is it not easy enough to understand? Biggest player in LSD and only does LSD, why is the price stagnant? UNI largest dex, is it not easy to understand? Why is the price also stagnant? I can name many coins that only does one thing and easy to understand yet their price are stagnant.

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1 месяц назад

Milan Автор вопроса

Jason
So I disagree with you on frax is doing too many t...

LDO is a different product. Its valuation is based on the revenue it makes and its prices pretty fairly. Also UNI's price is not stagnant IMO. Circulating supply is 8 billion market cap right now

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1 месяц назад

Milan Автор вопроса

@DeFiDave222 thoughts on this?

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1 месяц назад

Jason · Accepted Answer

Jason

The only reason you are talking about Solana right now is because everyone on CT is shilling Solana and holds a bag. It’s tech is no better than any L2 out there if the only thing there is for Solana is cheap fees and fast transaction. When Solana price was at $8 no one was talking about it. There is nothing easy to understand about Solana. It is simply being pushed by CT

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1 месяц назад

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As a thought experiment to create this narrative: What is Fraxtal/Frax

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