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Qrayon Shinchan-

Why build it new? Why not try and get projects

like fjord foundry etc. to launch? There is more power in getting real adoption and other teams on than to start everything a new or build it ourself. Personally I think the core team has a lot more coming up, and are communicating with more projects than retailers like us know 👍

#cryptocurrency #english #frax
0

11 ответов

71 просмотр
Jason-

Again it’s not mutually exclusive. I’m just trying to think of ways to bring more utility to fxs token. Right now it’s just being given out for incentives to farmers

0
02.05.2024
Qrayon Shinchan- Автор вопроса
Jason
Again it’s not mutually exclusive. I’m just trying...

Well isnt that the best use? If it have high APY, farmers will want it, the price will go up, the APY down. Basically the market will find a equilibrium rate, depending on the market condition. Making some ponzinomics out of it to pump price is not the right choice imo for long term sustainability.

0
02.05.2024
Jason-
Qrayon Shinchan
Well isnt that the best use? If it have high APY, ...

I don’t see what APY will incentivize farmers to buy fxs. You can farm fxs without buying fxs. Bring utilities to a token is the exact opposite of ponzinomic

0
02.05.2024
Jason-
Qrayon Shinchan
Well isnt that the best use? If it have high APY, ...

There are so many LP that’s eth/frxETH frax/stablecoin. You don’t need fxs to farm fxs. Fxs is treated as farm token right now

0
02.05.2024
Nomada-Amador
Jason
There are so many LP that’s eth/frxETH frax/stable...

And all farm tokens are down bad. Cvx, crv, fxs

0
02.05.2024
Qrayon Shinchan- Автор вопроса
Jason
I don’t see what APY will incentivize farmers to b...

Guess farming is useless 😂 Why farm a token if you think it will not be valuable? Nobody does that. People farm points ffs, gamling that it will be worth something. High APY will make people want to farm FXS. Best and most stable way to farm FXS is to buy FXS and stake it. Believe it or not, you can even boost gauges and find other ways to farm FXS with staked FXS. And on and on lol

0
02.05.2024
Jason-
Qrayon Shinchan
Guess farming is useless 😂 Why farm a token if you...

Errr no. You farm and dump the token. That’s the definition of farming

0
02.05.2024
Jason-
Qrayon Shinchan
Guess farming is useless 😂 Why farm a token if you...

And I don’t know what you mean by high apy. I just point out that there are so many pools that you can farm fxs without buying fxs.

0
02.05.2024
Qrayon Shinchan- Автор вопроса
Jason
Errr no. You farm and dump the token. That’s the d...

Lol, disagree on the definition 😂 But well well, good luck with you on your travels 👍

0
02.05.2024
Qrayon Shinchan- Автор вопроса
Jason
And I don’t know what you mean by high apy. I just...

High APY depends on market conditions and risk willingness. Bear APY is ofc. lower than bull APY.

0
02.05.2024

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