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AC DC-

Wasn'T squid supposed to work the way they mint FRAX

directly via brige with their axlUSDC and vice versa? It's about month and a half since Fraxtal is live, why not onboarding Stargate or Rhino?

#cryptocurrency #english #frax
0

2 ответов

22 просмотра
Sam-Kazemian ¤⛓️¤

Not sure what you're referring to about minting FRAX through squid. Usually the liquidity-based bridges like Axelar are the fastest and best experience, but limited in liquidity so when they are tapped out, it's the limiting factor there. Stargate/L0 is integrated into Fraxtal. But those bridges are per token, not every asset. For example, USDe is issuing on Fraxtal with L0/Stargate support, but that's only for Ethena. We are working with them to get more Frax Assets available but it's a token-by-token case, not the entire chain works out of the box.

0
6 месяцев назад
Ownagejuice-
Sam Kazemian ¤⛓️¤
Not sure what you're referring to about minting FR...

Rhino Fi is awesome product Sam. Fast and cheap bridge for Ethereum L2s . You should totally collab and check em out. It'd be nice to see Fraxtal there

0
6 месяцев назад

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