For the FXS FLE, the proposal describes how revenue will flow to the FXS FLE. To quote: > If FXS 30-day trailing price is lower than the prior month, then 25% of protocol rev...
The fraxtal bridge is on mainnet.fraxtal.com but when you visit it from app.frax.finance, it seems to do something odd in how it interacts with wallet browsers. So if I type ...
Is 3 fpis -> 1 fxs -> 4 vefxs -> 1 fxs actually better than 1fpis -> 1.33 vefxs -> 1 fxs The latter (from the Singularity proposal) means that fpis converters will get l...
There are two snapshots, but I was hoping for some clarification.... Will the two snapshots be treated identically, almost as if they were a single snapshot? (I say almost si...
The point of this merge attempt is to unify the gov tokens and get everyone aligned on one token. The hope is that this unification will make fxs even stronger. Usually whe...
You mean with Ethena or just analogously?
I thought this was another interesting thread on ethena. Basically arguing against their model being a stablecoin. Instead, it should be a yield vault. https://x.com/SlaterHe...
--- Also could anyone clarify the sources of volatility that are causing the collateral ratio to fluctuate? From FraxFacts, it looks like we have: - 40M in Owned Volatile - 2...
How specifically is the team reducing our dependence on volatiles? Are we taking profits and converting them to stables as we go? If so, can we get a line item for how much we...
Doh...we can't do sfrax on fraxtal?
April 2023, the fpis price was 2.80....same period fxs was 8.90. Do people think this is due to losing interest in fpis? Or maybe that fpis was more elastic than fxs during t...
No lockup at 12 fpis : 1 fxs is worse than market rate. That doesn't make sense...which indicates your scaling might be off? I guess you are arguing people should be penalized...
...what exactly goes on during a challenge? If there is any sort of computation that needs to be done, presumably we could be doing those regularly and persisting on eth mainn...
None of that is a new argument. It was all argued before and we went with FPIS anyway. Things seem fine right now? Maybe I'm just a tiny bit theoretically bitter. It feels l...
What are people's thoughts on using proportional sampling on the outcome of a vote in order to determine what action is actually taken? Example: Suppose a vote finishes at 5...
Doesn't really feel like that term applies to a chain. It is a measurement...a number....not a chain. And we also want people to put "retirement" funds on fraxtal...which is e...
!??! Different from fxs? So no one invested in it after the airdrop?
Can we just vote on Monday? Or sooner? Let's see where we end up and adjust if we need to.
Beyond simplicity, what are the arguments for merging FPIS into FXS, vs just committing to growing the FPI and FPIS effort? When FPIS was first created there were objections ...
Is there a formal discussion time period that we must exceed?