Again, there is no need for any premium at all. Allowing fpis conversion to fxs at market rate is already a huge win for FPIS holders. Imagine a merge doesn't happen? Good l...
Am I right in this? Basically if you locked your fxs for 4y you get royally fucked by this? 7$ paid for 4 vefxs power and yield. 3 FPIS = 3$ will give the same vefxs power a...
Okay okay okay I need the fee switch turned on. Every day I'm checking the fee switch and it's not here. Everyday I check the fee switch, no fee switch. I can't take this anym...
As an fxs holder I'd also be perfectly fine with never onboarding fpis at all and just letting them keep the standalone product. FXS eco has enough revenue generating products...
Am I correct in thinking 1.33vefxs will turn into 0.33 fxs after 4 years?
So it's still 1 fpis turns into 1 cvxfxs?
Think people won't take their instant 8x? Even if cvxfxs severely depegs from it, say it goes down to 50% peg, that would still be a 4x
Fee switch today right?
Just in case people weren't aware yet, Convergence is giving some pretty insane apr for fxs stakers. Fxtl points earned as well. https://twitter.com/Convergence_fi/status/175...
What did Andre cronje do wrong?
Can we do something about the FRAX/TEMPLE gauge? I feel like protocol emissions are completely wasted on it considering the fact that nobody can add LP to it. Temple basicall...
@samkazemian do we have a rough estimate of what the combined protocol revenue is in these market conditions? I remember a couple months ago we were at ~55k/day.
https://vxtwitter.com/CryptoGrills/status/1687485521713332224?t=EencPOG6j6wdd7T23PYEdg&s=19
https://twitter.com/CryptoGrills/status/1649166223647682561?t=rEb7TlNqs_5g5k-h9iuv7A&s=19
If Ohm trades above backing wouldn't it be better to just get rid of it completely and just use the stables earned from the sale? Ohm got rid of all their frax anyway right?
I see there are still votes going to the old Frax/PitchFXS gauge. Shouldn't we remove the option to vote for it all-together so the votes don't get split up to a bugged pool? ...
https://vxtwitter.com/CryptoGrills/status/1636872667281207296?t=WmafRYHhdO4Ib6uqj0swGA&s=19
https://vxtwitter.com/CryptoGrills/status/1687516119408529410?t=bGxsiiwxhloxozRZzI8cGQ&s=19
@Amirnader_gh tagged you on the forum. Let's put this one to voting so we can take advantage of Temple backing the 0.97c price for 2 more weeks, if the proposal passes. 👍 http...
https://twitter.com/CryptoGrills/status/1457288051915476995?t=huzZChqz_Cztv9RhRK6Abw&s=19