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Dear admin, Last time i heard that there is a mechanism

implement that if the price of fxs go down to 5, the protocol will active buy back and burn forever.

Is this mechanism still active ?

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No proposal has been submitted to counter it, so I'll say Yes.

Dantes Stan (¤, ¤) | DON'T DM FOR ETH|$$
No proposal has been submitted to counter it, so I...

Did the ouroboros proposal is still active ? the buyback under 5$ u think he mean

Intern C
Did the ouroboros proposal is still active ? the b...

I said it's still still active because no proposal to stop it yet

LuffyX1991- Автор вопроса
Dantes Stan (¤, ¤) | DON'T DM FOR ETH|$$
No proposal has been submitted to counter it, so I...

So with this mechanisim, how many fxs will be buy and burn each day ?

LuffyX1991- Автор вопроса
Dantes Stan (¤, ¤) | DON'T DM FOR ETH|$$
No burn

No burn,? Then what happen with the coin which is bought back ?

LuffyX1991
No burn,? Then what happen with the coin which is ...

Distribute to veFXS. Please read our singularity proposal https://gov.frax.finance/t/fip-341-frax-singularity-roadmap-part-1/2987

LuffyX1991- Автор вопроса

I don't talk abut the proposal recently, I thought about the one which is around 1 year ago

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