Is FXTL another frax ecosystem token? Why need fxtl when

Not passive aggressive ser. The genuine answer is no one knows, it will be a community decision later. If I knew the answer myself, I would tell you of course.

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8 месяцев назад

MBD Tan Автор вопроса

Sam Kazemian ¤⛓️¤
Not passive aggressive ser. The genuine answer is ...

I hope u can see the circularity in this. People only want to farm something if its worth something in the future. If you are saying " I dont know because the community has to decide later" then why live with this uncertainty in the first place.

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8 месяцев назад

Sam Kazemian ¤⛓️¤

MBD Tan
I hope u can see the circularity in this. People o...

You don't have to live with the uncertainty. You can just decide not to farm it. No one knew what Eigen points would convert to later or how much if any they would convert to or who/what countries would even be allowed to get anything at all. No one knows what Blast points will be worth or if it's .1% of the supply or 90% of the supply or anything either. Literally no one is forcing you to farm them.

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8 месяцев назад

MBD Tan Автор вопроса

Sam Kazemian ¤⛓️¤
You don't have to live with the uncertainty. You c...

The reason why eigenlayer has huge traction with its points is simply because one can stake eth to earn EL points. Thats it - simple as that. Here - how do I earn FXTL points - this is also another genuine question as I cant seem to know for certain what are the ways to earn fxtl points. Does it mean I have to use fraxtal blockchain? Why not reward uses of the current frax ecosystem? I am using fraxlend for the longest time and no fxtl points so far

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8 месяцев назад

Sam Kazemian ¤⛓️¤

MBD Tan
The reason why eigenlayer has huge traction with i...

Ah ok if you are interested in how to earn the FXTL points, indeed that part is clear. Yes, use the blockchain and spend gas, interact with popular contracts, and also hold Frax Assets on Fraxtal. And we even push the FXTL point balances onchain every epoch unlike other protocols. You can learn more about how to earn it and how the Flox algorithm works (the algo that distributes FXTL points) https://docs.frax.com/fraxtal/fraxtal-incentives/fraxtal-point-system

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8 месяцев назад

MBD Tan Автор вопроса

Sam Kazemian ¤⛓️¤
Ah ok if you are interested in how to earn the FXT...

thank you

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8 месяцев назад

Jason

Sam Kazemian ¤⛓️¤
Ah ok if you are interested in how to earn the FXT...

^

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8 месяцев назад

Westwood

MBD Tan
What do the points convert to?

You can safely assume it will either be a new token or some form of fxs (either locked or unlocked).

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8 месяцев назад

Sam Kazemian ¤⛓️¤ · Accepted Answer

Sam Kazemian ¤⛓️¤

It's just points for now ser. If you're bullish Fraxtal, feel free to farm it. If you think it's so complicated, just enjoy yield in other parts of the ecosystem or stake FXS or anything else you don't think is complicated.

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8 месяцев назад

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Is FXTL another frax ecosystem token? Why need fxtl when

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