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Luke-SkywalkeI2

@FortisFortuna_89 @samkazemian Can one of you elaborate on this statement

please?

I feel like I'm either misunderstanding what is being said, or noone has caught on to this yet?

The long term goal is to increase the utility, liquidity, and lending credit to FXS to unprecedented levels as revenue comes in block-by-block.

*LENDING CREDIT*

What is this referencing gentlemen?

#cryptocurrency #english #frax
0

5 ответов

24 просмотра
Luke-SkywalkeI2 Автор вопроса

@FortisFortuna_89 @samkazemian @ANY/EVERY-ONE I'm also having a hard time understanding this bit and would appreciate it if someone took a minute to educate me? /: Frax is also working with EigenLayer to design a Fraxtal AVS that uses both FXS and sfrxETH restaking making Frax one of the only full stack integrations on each level of EigenLayer and giving FXS chain-level staking utility. In the singularity era, sfrxETH will be the leading LRT of DeFi. What does this portion mean???? What is "AVS" ?? Where will FXS/sfrxETH be restaked?? Apparently I'm missing a very important piece of knowledge here 🤔 Thank you for your assistance, whomever should reply

0
8 месяцев назад
Luke-SkywalkeI2 Автор вопроса
Luke SkywalkeI2
@FortisFortuna_89 @samkazemian @ANY/EVERY-ONE I...

.... anyone ? 🫠

0
8 месяцев назад
Luke-SkywalkeI2 Автор вопроса

I figured out what AVS was, reference to Actively Validated Services with EigenLayer. Makes sense, guess im just behind on the available information😅

0
8 месяцев назад
Luke-SkywalkeI2 Автор вопроса

Really? No replies? I can't be the only one who wants to know what "...lending credit to FXS" means?

0
8 месяцев назад
TreeClimbingBear-
Luke SkywalkeI2
Really? No replies? I can't be the only one who w...

I didn't quite know what you were referencing. Is the statement that you are asking about from the proposal. The timing of your message made it seem like it was a response to Travis, and I saw no mention of credit in his post. So I figured you would re-ask later

0
8 месяцев назад

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