Bullish 8x gain
Isn’t that up to Convex devs?
You are paid 200%apy paid in FXS to lock for 4 years in migration - ontop of any price rise in FXS + any veFXS yield
So the convex developers will convert FPIS into 1.33 veFXS, and that APR will go to current cvxFPIS holders… after four years they can lock again, and have the equivalent of 4 veFXS earning APR?
Well we don't know for sure but something similar is logical
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