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Jason-

You are asking POL to mint/burn frax supply base on

utility basically to control the rates. Isn’t that the definition of inorganic and manipulated?

#cryptocurrency #english #frax
0

8 ответов

31 просмотр
C-User

Help me explain the other way round as well. Is the protocol delaying POL allocation to earn increased fees from pools with higher borrowing/lending rates

0
6 месяцев назад
Jason- Автор вопроса
C User
Help me explain the other way round as well. Is th...

It’s an open market. Pol is just a user on the protocol. If rates are high then borrower can borrow somewhere else. You are thinking the pol is out to get the users

0
6 месяцев назад
C-User
Jason
It’s an open market. Pol is just a user on the pro...

If it is so open, why does new POL allocation decisions reside with sam and a few core risk team members

0
6 месяцев назад
Jason- Автор вопроса
C User
If it is so open, why does new POL allocation deci...

Pol is just another actor. Really if the rates are high borrower can borrower somewhere else. It’s not like frax can mint unlimited frax on demand without proper backing

0
6 месяцев назад
C-User
Jason
Pol is just another actor. Really if the rates are...

Let us for a second assume we are not talking about minting additional POL. Lets just assume no additional POL can be minted and we can only reallocate existing POL between different pools. Can you explain how this works if it truly is open and POL is just another actor

0
6 месяцев назад
Jason- Автор вопроса
C User
Help me explain the other way round as well. Is th...

Protocol will earn more fees with higher tvl and usage. There’s no reason to delay supplying on purpose to earn extra fees. Plus users can leave anytime.

0
6 месяцев назад
Jason- Автор вопроса
C User
Let us for a second assume we are not talking abou...

Its just another actor

0
6 месяцев назад
C-User
Jason
Its just another actor

There is currently a LDO-frax pool with 0.2% utilization and a wbtc-frax pool with 80% utilization. Lets assume no new POL can be minted. And lets say i come in and ask if POL can be repurposed between these 2 pools. Can you explain how this works

0
6 месяцев назад

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