anyone give a good link what i can expect? 15% APR seems a bit little for locking for years.
Are we also supposed to get some spoils from the Fraxtal chain?
We are unable to give you financial advice, I'd advise you to do your research and make your decision. But locking FXS now will make you eligible for the FXTL airdrop snapshot on 17th April.
Was there a post about this specific?
https://t.me/fraxfinance/327081
Can you stake fxs on fraxtal right now? I thot it was only on Mainnet at the moment.
You can stake but rewards aren’t live. @FortisFortuna_89 @samkazemian do we know approximately when they will?
We're working on it ser. Probably not too long, maybe 1-2 epochs until fee revenue gets distributed there. We have to finish the yield distributor system.
Travis mentioned you’d be splitting between the contracts before it was finished. Is this not the case? Are you just gonna wait to do it all on fraxtal or is the all on fraxtal a more long term thing?
We'll make sure no matter where people stake veFXS, they will get their rightful yield. Right now, the plan is to migrate in stages. We'll split rewards first, so if Fraxtal has 40% of all veFXS, then every epoch, 40% of the fees go to Fraxtal veFXS yield distributor while 60% go to the Ethereum mainnet distributor.
Right. So the first part of that (bring proportional rewards to fraxtal) is a few epochs away?
Ya, so it will come very soon
Am I correct to say that the yield for veFXS on Fraxtal isn’t visualised yet? Or does it still have to be ‘activated’?
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