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 ?
No proposal has been submitted to counter it, so I'll say Yes.
Did the ouroboros proposal is still active ? the buyback under 5$ u think he mean
I said it's still still active because no proposal to stop it yet
So with this mechanisim, how many fxs will be buy and burn each day ?
No burn,? Then what happen with the coin which is bought back ?
Distribute to veFXS. Please read our singularity proposal https://gov.frax.finance/t/fip-341-frax-singularity-roadmap-part-1/2987
I don't talk abut the proposal recently, I thought about the one which is around 1 year ago
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