I wouldn’t touch this, backing a “stablecoin” with anything other than short term us treasuries is just asking to be bent over and “depegged”
Joke is that anzen means safe in Japanese lol
But actually we already invested: https://snapshot.org/#/frax.eth/proposal/0x73c3734fe763eaf77c1854924597cdf2e91e66dabc51921ef8b01c796575c30c
Just to clearify, I dont know anything about Anzen 👍 Just wanted to let people know about the japanese meaning of the word
ah wow this was 2022
damn this shows how centralized fxs governance is 😂
Frax backed them are they building on Fraxtal? @jaeyunyi ?
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