Frax Finance

18 May 2025 07:23

Thank you for answering my question.

Could someone intentionally sell a very large amount of sfrxUSD on fraxtal in order to temporarily depeg sfrxUSD long enough to cause sfrxUSD loan liquidation?

Frax Finance

18 May 2025 07:12

Hello @samkazemian

I would appreciate your perspective regarding the peg stability of sfrxUSD.

What could cause sfrxUSD to temporarily depeg? By how much % could sfrxUSD possibly drop during a temporary depeg incident?

I'm asking because I am considering the risks and benefits of deploying a substantial leveraged/looped sfrxUSD position.

Frax Finance

18 May 2025 06:56

This took like 30 seconds. Done. Happy to help. I'll invite my friends to do the same.

Frax Finance

18 May 2025 01:35

Can I still earn FXTL?

Frax Finance

17 May 2025 17:49

how about stake frax apr now

Frax Finance

17 May 2025 16:04

Hello ser. Got a new message from the team. The specific 2 million you are talking about it’s on the L-FRAX balance sheet and it’s represented by the USDB stablecoin on Solana. Hope that clears it up for this time.

Frax Finance

17 May 2025 11:22

Gm, been researching on frax eco all morning then I saw that there's actually a kaito campaign going on, is there a plan for yappers to get rewarded

Frax Finance

17 May 2025 09:36

I see this as a story like this:

we use fraxnet, frxUSD to onboard non crypto people, grow the pie and our market share.

then

some of them would be interested to explore more advanced product suites of ours, including sfrxUSD, fraxswap, fraxlend, bamm etc.

Frax Finance

17 May 2025 09:27

sfrxUSD will remain top DeFi benchmark yields as an unregulated, premissionless onchain product.

Frax Finance

17 May 2025 09:24

but I'm sure frxUSD and money on fraxNet can only entitle tbill yields right?

Frax Finance

17 May 2025 08:35

how can i check that

Frax Finance

17 May 2025 08:30

World’s first decentralised network based payment stablecoin

Frax Finance

17 May 2025 07:24

Hello ser. Sometimes these processes can take time. Especially if we are establishing new rails with enshrined custodians we have not used before. But worry not, the funds will in due time show up in the balance sheet.

Please be aware it might also be the opposite way, that someone may be redeeming frxUSD. Then the supply will contract and the backing sent to the entity with access to redeem within the system.

Frax Finance

17 May 2025 03:22

Haha, a scammer trying to report me..

Frax Finance

17 May 2025 00:56

That would be a nice selling point

Frax Finance

18 May 2025 07:19

It shouldn’t theoretically depeg. But in terms of overall risk profile and liquidity profile you can think of it similar to sUSDS and sUSDe. It’s definitely not risk free economically like tbill backed stablecoins, but it’s also not illiquid.

Frax Finance

18 May 2025 07:06

Yes. FXTL rewards are a long-term incentive system, you'll be able to earn FXTL for years to come.

Frax Finance

18 May 2025 03:53

https://www.ledgerinsights.com/senators-believe-us-genius-act-will-be-approved-within-ten-days/

Frax Finance

18 May 2025 01:31

Hi Frax team,
Could you let me know the appropriate person to contact on your side for business development, growth, or events?

Frax Finance

17 May 2025 16:05

Ah thanks :) well sucks that there wasnt 2m hidden under the carpet tho;)

Frax Finance

17 May 2025 14:33

ah nice, so its safe to assume that the balance sheet for the short term is missing 2m in the frax balance sheet? so that its 8.7m missing instead of 10.7m?

Frax Finance

17 May 2025 09:38

Exactly right. You get it. frxUSD+FraxNet is for the new next $1T of dollars converting to legal tender stablecoins. sfrxUSD is for onchain centric uses as users become more comfortable with crypto.

Frax Finance

17 May 2025 09:27

So basically a totally separate product entirely, only similarity of sfrxUSD to frxUSD is just the name being similar, but totally a different product, balance sheet, risk-profile and yield.

Frax Finance

17 May 2025 09:26

Correct, frxUSD+FraxNet only tbill yields since regulated product.

Frax Finance

17 May 2025 09:24

anyone know, if genius act passes, will sfrxUSD only stream tbill yields in the future? or we can still expect the dynamic Benchmark Yield Strategy rotation?

Frax Finance

17 May 2025 08:35

We recommend you to check which chain has the most liquidity. It should be either Ethereum or Fraxtal. That will help you on your slippage issues. However, it may still be high slippage at high volumes.

Also be aware it is a third party token. We recommend you contact Convex for further concerns.

Frax Finance

17 May 2025 08:29

whats best way to sell large amount of cvxfxs without getting pounded by slippage? on frax.com i would have to pay 22% :S. (also pls no DM's will not fall for scams)

Frax Finance

17 May 2025 04:58

can I access to FraxNet?

Frax Finance

17 May 2025 03:17

0x4BE90e9c81944f4E765cB6Ea607246cA0592d120 2m was sent to coinbase 7 days ago, but i cant find any matching tbill type sent back. Is it missing or? Mostly asking to understand whether the balancer sheet mising those in the calc or not

Frax Finance

17 May 2025 00:56

Is it true there’ll be a good chance Frax becomes the *very first* licensed legal tender stablecoin?