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What does getting FMA mean to frax?

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Frax gets an account at fed reserve. Can store offchain USD there to pull fed rate directly.

Cole Palmer
Frax gets an account at fed reserve. Can store off...

if Frax would scale sure, but at current downward spiral I wont see why the fed would hand Frax a FMA

filip jbg ( ͡° ͜ʖ ͡°)
if Frax would scale sure, but at current downward...

Because they operate diligently, no incidents, right network, US located and big enough to get the meeting.

Cole Palmer
Because they operate diligently, no incidents, rig...

I don't think we are big enough to get to that meeting, so lets agree to disagree at this point for now.

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