the flywheel effects that velodrome type dexs benefit from? https://x.com/fourmoonsllc/status/1795128538187895138
What kind of specific veTokenomics? I think as Fraxtal picks up big it (like nears $1B TVL) should have a huge effect on veFXS yield and also FXS awareness. Still early on that area, probably will take into mid summer. But is there a specific utility you're referring to?
Yeah, I wouldn’t know what else we could do. Permanent locking is the only thing I see as new and that is accomplished with cvxFXS and sdFXS.
Hey West, what's your take on ve80/20? As in voter escrowing the LP of an 80/20 FXS/frxETH Balancer type pool? It deepends liquidity reducing price volatility and earns additional yield from fees. There's exposure to a second volatile asset but since we're all directly and indirectly exposed to ETH already I don't think it matters much, and it would also increase the monetary premium of frxETH. Protocol revenue would be routed through this pool to purchase FXS for veLocker rewards, perpetually creating positive price action.
Yea I’ve always like this idea. Juices reflexivity even more and create intrinsic pool 2 dynamics while deepening stability/liquidity.
@samkazemian what's your take on this? Disregarding the herculean task of implementing such a system migration of course 😅
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