Frax Finance

18 Dec 2024 17:16

https://x.com/wavey0x/status/1869397646957514792?s=52&t=7FVi4wUiNQWCEKgCjoeWmg

Frax Finance

18 Dec 2024 16:51

always best to let things settle for a day before releasing the news :)

Frax Finance

18 Dec 2024 16:50

We will post through official channels soon. 😇

Frax Finance

18 Dec 2024 16:48

Bro how I don’t know

Frax Finance

18 Dec 2024 16:47

Report sent

Frax Finance

18 Dec 2024 16:33

Oh interesting it’s a prisma rebrand

Frax Finance

18 Dec 2024 16:28

Quoting from their docs: "The borrow rate for reUSD will be very predictable and always remain relatively low. The rate for reUSD will be determined as the greater of the following three options: half the underlying lending fee rate, half the “risk-free rate,” or 2%, whichever is greater. The “risk-free rate” will be defined by using the current APY of sfrxUSD."

Frax Finance

18 Dec 2024 16:18

but overall we might see increased frxUSD supply? as people loop the position

Frax Finance

18 Dec 2024 16:01

good day guys, i'm Samuel Colaboration manager at Vaulture.
Vaulture is a RFQ service allows seamless support of market and limit orders, with DCA strategies coming soon, over the existing Dexes in the ecosystem.
It aggregates liquidity from major DEXes, while also providing MEV-resistant trading to protect users and redistribute MEV profits.

please who can i talk to futher for bussiness collaboration and partnership?

Frax Finance

18 Dec 2024 15:55

https://vxtwitter.com/resupplyfi/status/1869394595882455501?s=46&t=OZUNImQrCTlC2N89N9OQXQ

Frax Finance

18 Dec 2024 14:51

there is $500k of dUSD in the lending pool already, ready for people to borrow , this 500k amount will be increased as demand goes up.

Frax Finance

18 Dec 2024 14:46

why is fee switch still turned off?

Frax Finance

18 Dec 2024 14:45

an early investment in to dUSD from a whale has caused the rebate to be high, and currently the amount borrowed is only a few $k,

Frax Finance

18 Dec 2024 14:42

im lending frxETH and borrowing dUSD and getting 15.38% APR,

Frax Finance

18 Dec 2024 14:40

dTRINITY went live a few hours ago and is currently paying people 16% if they borrow dUSD :)

Frax Finance

18 Dec 2024 17:09

we will mark the 10% 😁

Frax Finance

18 Dec 2024 16:50

well, i say that.. personally i was invested before launch because i noticed the testnet app allowed mainnet deposits last night, but there was only $2k in the ecosystem to play with and i could not mint dUSD at that stage.

Frax Finance

18 Dec 2024 16:48

only been live for a few hours

Frax Finance

18 Dec 2024 16:47

https://app.frax.finance/

Frax Finance

18 Dec 2024 16:34

yeah I saw the token distribution part and figured

Frax Finance

18 Dec 2024 16:31

We specifically DON'T do sfrxeth or scrvusd as collateral


We will incentivize lending to those.
As in get crvusd supplied on curve lend for sfrxusd college.
And get frax supplied on fraxlend for scrvusd collateral

(Other pairs as well of course but in response to sfrxusd)

Frax Finance

18 Dec 2024 16:27

The Hippo is out of the bag - Resupply

Frax Finance

18 Dec 2024 16:17

@samkazemian if they allow sfrxUSD deposit, then it would be huge deal

Frax Finance

18 Dec 2024 15:59

Hi all, posted this last night: https://x.com/BaltoAlt/status/1869234697441825017

Frax Finance

18 Dec 2024 15:54

Looks like Hippo is a stablecoin protocol

Frax Finance

18 Dec 2024 14:48

if you do borrow dUSD you can then lend it and earn dT points that can be converted to the TRIN governance token when that goes live in 2025

Frax Finance

18 Dec 2024 14:45

you can lend, frxETH, sFRAX, sUSDe, wfrxETH and sfrxETH currently.

Frax Finance

18 Dec 2024 14:44

What can you lend besides frxETH? FXS?

Frax Finance

18 Dec 2024 14:42

No looping involved?

Frax Finance

18 Dec 2024 14:29

When does it take off?