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neoman007-

In light of the Wells notice served on Uni, what

are the repercussions on $FXS given fee switch is turned on?

@samkazemian @FortisFortuna_89

#cryptocurrency #english #frax
0

12 ответов

29 просмотров
Sam-Kazemian ¤⛓️¤

The repercussions are that $FXS stakers will enjoy great yield on the fees.

0
7 месяцев назад
neoman007- Автор вопроса
Sam Kazemian ¤⛓️¤
The repercussions are that $FXS stakers will enjoy...

How is the yield distributed? Via buybacks?

0
7 месяцев назад
Sam-Kazemian ¤⛓️¤
neoman007
How is the yield distributed? Via buybacks?

Half buybacks of FXS and added to FXS liquidity engine, other half as veFXS yield.

0
7 месяцев назад
neoman007- Автор вопроса
Sam Kazemian ¤⛓️¤
Half buybacks of FXS and added to FXS liquidity en...

Not trying to be a downer but doesn't direct yield distribution to veFXS a problem in this climate? Pretty sure fee switch for UNI not an option for now.

0
7 месяцев назад
Sam-Kazemian ¤⛓️¤
neoman007
Not trying to be a downer but doesn't direct yield...

You are welcome to make a gov proposal to turn it back off based on any concerns you might have and the community can decide 🙂

0
7 месяцев назад
Smokes Night-
neoman007
Not trying to be a downer but doesn't direct yield...

sec is only suing uniswap because they dont know any other way to regulate. its bullish

0
7 месяцев назад
prince-
Sam Kazemian ¤⛓️¤
Half buybacks of FXS and added to FXS liquidity en...

I assume this flows to cvxfxs stakers on mainnet. Though haven't seen an appreciable change in apr.

0
7 месяцев назад
Sam-Kazemian ¤⛓️¤
prince
I assume this flows to cvxfxs stakers on mainnet. ...

It should, I think maybe a question for Convex. I believe it might take a week to fully get ported to cvxFXS, but it should dramatically increase the cvxFXS APR I would think.

0
7 месяцев назад
Jack-
prince
I assume this flows to cvxfxs stakers on mainnet. ...

Cvx has said they pass the yield a week later or something So the number should update tomorrow @c2tp_eth ?

0
7 месяцев назад
C2tP-
Jack
Cvx has said they pass the yield a week later or s...

its trailing 7 days yes

0
7 месяцев назад
Intern-C
prince
I assume this flows to cvxfxs stakers on mainnet. ...

Oh you mean this 😎 https://x.com/fxsintern/status/1778348827835011217?s=46&t=DBn4XNK_CYwIpyzOignGIg

0
7 месяцев назад

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