Frax Finance

23 Sep 2024 09:42

Coinbase wallet is burned thanks if it’s not you guys

Frax Finance

23 Sep 2024 09:38

Has the team been kyc ed

Frax Finance

23 Sep 2024 04:42

so 75% for eth for example

Frax Finance

23 Sep 2024 04:21

thats a fair point, but then it supports even more to have a cap on the pricing of the volatile asset that will be moved at certain situations (wont lock down which rn) so that if its goes below it will be countaed at that price but if it goes above we will still use the cap.
rn people are not afraid of the CR is because there is more locked liquidity than can be lost in the event of a bankrun,
but if we take eth at current pricing and had to sell the eth rn, because you need the money now im pretty sure you wont get 1:1 pricing either way

Frax Finance

23 Sep 2024 03:04

any dex aggro on Fraxtal yet?

Frax Finance

22 Sep 2024 21:36

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Frax Finance

22 Sep 2024 20:32

The snapshot to do this just passed. https://snapshot.org/#/frax.eth/proposal/0x60ce169bce5174b399fa09ccc35c14e692a6bb19229d5957e44940f58e89efbc

Frax Finance

22 Sep 2024 17:10

Dalia, press the button below within 3 Minutes to be able to write in the group👇🏻

Frax Finance

22 Sep 2024 16:38

So if cr as above 100, we have high apr, if it below 100, the apr will be low, and this loop will be like this forever ?

Frax Finance

22 Sep 2024 16:25

Can you mention them here too? I want to hear it

Frax Finance

22 Sep 2024 16:03

Looking forward to this 🤩

Frax Finance

22 Sep 2024 14:48

If it’s backed solely by stable assets then it would stay at 100

Frax Finance

22 Sep 2024 14:44

Thanks for your explain, but suppose that once it go to 100 % it will be stable at 100% or can it go down again if fxs go down ?

Frax Finance

22 Sep 2024 13:29

Dear admin,

Few months ago, I saw that CR of frax is already reach 100% and I heard that the community is already pass the vote to let the avenue flow to veFxs holder. why now the Cr of frax is 95.93% ?

Frax Finance

22 Sep 2024 10:25

is there liquidity for the frax crv pair anywhere on fraxtal?

Frax Finance

23 Sep 2024 09:41

Guys imma be fr apparently I have a token approval for frax that’s what it’s says on etherscan I have official researched the token address but if it is this frax I don’t know how it got there

Frax Finance

23 Sep 2024 09:20

Did this got filled ?

Frax Finance

23 Sep 2024 04:41

A simple way we could do it is ease into using Loan to value numbers we use on fraxlend, if its the max amount we think its fair to loan against and still be safe, it would be reasonable to use that number for the CR.

Frax Finance

23 Sep 2024 03:38

Cr isn't just a feel good number though. In times of stress those assets may need to be liquidated to support the price of the stable coin thus saying "well it was a bit higher a few months ago" doesn't really count if you need the money now

Frax Finance

22 Sep 2024 21:37

https://frax.finance/careers

Frax Finance

22 Sep 2024 21:32

Report sent

Frax Finance

22 Sep 2024 18:07

So let’s say for now vefxs holder still get rewards even cr is below 100 ?

Frax Finance

22 Sep 2024 16:39

not necessary, apr is also based on the fees coming in, price of fxs and how much is staked.

Frax Finance

22 Sep 2024 16:38

Rn the big problem for CR is volatile assets in the backing. Since we calc the full value of the volatile assets that can swing with 50% up and down in a year it can give a wide range on the CR. When it goes up it ofc creates good days at a higher lvl, but when we go the other direction we can see in here how people are reacting.
So one way to combat is by accounting diffently for volatile assets.
here is some examples for eth in how we can calculate the pricing : Using the last bear's bottom price.
or use twap of a year for the pricing.
only count x% of the value of eth.
This will stunt some of the growth when everything is going well, but at the same time reduce the downside when the market turns bearish.

Frax Finance

22 Sep 2024 16:16

there is other ways to keep it at cr 100 i came with a suggestion to that in discord.

Frax Finance

22 Sep 2024 16:03

https://fxtwitter.com/samkazemian/status/1837846743205269857?s=19

Frax Finance

22 Sep 2024 14:45

Weekly reminder to prioritise veFXS voting on Fraxtal, fraxtal FXS stakers should have the same rights as ethereum FXS stakers

Frax Finance

22 Sep 2024 13:37

There are some factors which affects the CR. For example, the price of FXS still affects the CR as long as there is FRAX-FXS POL on Fraxswap. If FXS price drops a lot, then the IL in the POL drops the CR. Likewise, if FXS price rises, the positive value increase in POL raises the CR. Also various other small factors such as the minor amount of volatile collateral that does still back FRAX like sfrxETH.

Frax Finance

22 Sep 2024 10:26

for example, swapping 5k frax for crv on curve.fi fraxtal chain gives 23% slippage. ra exchange doesn't have the pair alltogether

Frax Finance

21 Sep 2024 21:40

How do you convert LayerZero FRAX on Fraxtal to real FRAX?