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Any reason why FPI price is swinging a lot as
of late? What's the current peg for it?
3 ответов
16 просмотров
I don't see it swinging very much other than coingecko's reported prices probably because it is using the old Curve pool as a price source. Redemptions at the peg are always open for it. Don't be fooled by price reported by 3rd parties. It's at peg and redeemable onchain.
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User
Автор вопроса
Sam Kazemian ¤⛓️¤
I don't see it swinging very much other than coing...
I don't see it swinging very much other than coing...
Ok I see. What would be its peg again? Sorry for the noob question
Telegram User
Ok I see. What would be its peg again? Sorry for t...
Ok I see. What would be its peg again? Sorry for t...
It's pegged to a basket of consumer items. It's a very unique peg. You can check the price here https://facts.frax.finance/fpi
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