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The Frax stable coin has declined to $400 million in

circulation.
The new Fraxtal Chain only has $20 million locked(TVL).
What is the bull case for the Frax circulation or Fraxtal chain growing faster?
(Links on tweet)
https://x.com/davelevine0com/status/1790042685211820389?s=46&t=GGJ_8w9L7dlUcCp1hp7Liw

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My response in a separate thread where this was brought up: https://x.com/baltoalt/status/1788180042377232481 Love engagement farming posts when users then go into telgram groups trying stir up more engagement.

Dave-Levine Автор вопроса
Bueno Pues
My response in a separate thread where this was br...

Thank you for that info. I am not “engagement farming”. I own Frax and have people I told I like it in the past. I am looking for info. if you think preventing me from getting 3 extra views is more important than discussing the Frax stable coin declining by 60% in circulation, that is another red flag.

Dave Levine
Thank you for that info. I am not “engagement far...

More than welcome to come into this chat group and ask questions, or, look at other threads with the same exact topic and add comments. But, posting a thread on your Twitter and just posting it here is engagement farming. Here is a nice interview for you to review with your thesis: https://x.com/banklesshq/status/1777687564624838933?

Dave-Levine Автор вопроса
Bueno Pues
More than welcome to come into this chat group and...

So sorry. I just thought it was easier than rewriting. Anyways I deleted it.

Dave-Levine Автор вопроса
Bueno Pues
More than welcome to come into this chat group and...

I listened to that whole interview and don’t remember anything about Frax circulating supply decline changing…I think I listened to another pod with sam too and haven’t heard this addressed. I understand the new chain should help in theory, but its growth out of the gate is not that exciting so far. Btw: I am fine with the answer being “it will take a long time” with some timing expectations…

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