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LuffyX1991-

Dear admin, can you explain me how FLE work ?

Buy back Fxs has which meaning in this process ?

#cryptocurrency #english #frax
0

11 ответов

24 просмотра
Bueno-Pues

FXS Liquidity Engine (FLE) The FXS Liquidity Engine is a protocol owned liquidity Schelling-point of pairs of every Frax Asset against FXS. Revenue allocated to the FLE is used to buy back half FXS & half Frax Assets to increase the liquidity depth of the pair.

0
16 дней назад
LuffyX1991- Автор вопроса
Bueno Pues
FXS Liquidity Engine (FLE) The FXS Liquidity Engin...

buy back and burn you mean ?

0
16 дней назад
Sam-Kazemian ¤⛓️¤
LuffyX1991
buy back and burn you mean ?

Ya it's liquidity but it has the same effect as burning but with more utility. The FXS bought back for the FLE gets put in liquidity. But the buying back on the market increases the price.

0
16 дней назад
Milan - 米藍 - ميلان-
Sam Kazemian ¤⛓️¤
Ya it's liquidity but it has the same effect as bu...

lets pamp it to $100 now that we have touched the bear market lows again. Time to finally take off from the launchpad ffs

0
16 дней назад
LuffyX1991- Автор вопроса
Sam Kazemian ¤⛓️¤
Ya it's liquidity but it has the same effect as bu...

Do you have the reference so I can read in detailed?(for knowledge purpose)

0
16 дней назад
Sam-Kazemian ¤⛓️¤
LuffyX1991
Do you have the reference so I can read in detaile...

Yes it's described in the Singularity Roadmap proposal here: https://gov.frax.finance/t/fip-341-frax-singularity-roadmap-part-1/2987

0
16 дней назад
Sam-Kazemian ¤⛓️¤
Alptekin, MD
Will FXS go to top100 boss?

That's a question for the price chat not here ser. But I will say that FXS is king and the only gov token we are building nonstop for 24/7. So it's all or nothing ser and the community is in this together with us. 💪

0
16 дней назад
Dantes Stan (¤, ¤) | DON'T DM FOR ETH|$$-
Alptekin, MD
Will FXS go to top100 boss?

Trading group is here 🙂 https://t.me/fraxtrading

0
16 дней назад
Peazy-C
Sam Kazemian ¤⛓️¤
Ya it's liquidity but it has the same effect as bu...

Did people with BAMM gonna be available to borrow ur own liquidity ?

0
16 дней назад

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