Frax Finance

08 Oct 2024 20:56

I read it as interacting with fraxtal l3s (e.g., bridge funds to X l3 and do XYZ while your there)

Frax Finance

08 Oct 2024 20:49

Example: • [Flox / FXTL] Multi-threaded farm snapshot script, QuestTracker, FNS quests. Layer 3 quests.


What is an FNS quest? It doesn’t exist on the flox leaderboard. How will it work?

Frax Finance

08 Oct 2024 20:46

The flox mechanisms allows users to earn every transaction (dapps, users etc) and you earn FXTL points.

There are FXTL farms on the flox leaderboard.

What I am unsure of is, are quests the same thing that we already have? Or, is it something new?

Frax Finance

08 Oct 2024 20:45

nope no. i check it in frax docs

Frax Finance

08 Oct 2024 20:43

Hi Bueno. You are right. Flox Quests are gamified (on-chain activities) in the Frax ecosystem that incentivize both users and the devs to interact with the blockchain. These are part of a rewards system designed to promote engagement with the network. You will earn points called FXTL after completing certain task (quests)

Frax Finance

08 Oct 2024 20:39

What are Flox quests? Sounds intriguing and gamified?

Frax Finance

08 Oct 2024 19:46

Please just report them

Frax Finance

08 Oct 2024 19:46

I reported, but it was a very well placed scam

Frax Finance

08 Oct 2024 19:38

https://news.frax.com/p/frax-finance-biweekly-project-update-a22

Frax Finance

08 Oct 2024 15:26

7.5% FXS
14-35% sdFXS

It does appear to have already come down to 21-43% since yesterday so im guessing it was that volume boost like you mentioned

Frax Finance

08 Oct 2024 00:00

there was some recent volume on their curve pool so maybe the rewards are temporarily high

Frax Finance

07 Oct 2024 23:58

how is stake dao providing so much higher yield at advertised 35-70%?

Frax Finance

07 Oct 2024 23:56

oh nice. I hadnt checked in a bit

Frax Finance

07 Oct 2024 23:55

I know how convex works but the yield was turned off when fraxtal integration went live. Im not sure if that was still the case

Frax Finance

07 Oct 2024 23:55

you sacrifice voting power

Frax Finance

08 Oct 2024 20:50

What is a layer 3 quest?

Frax Finance

08 Oct 2024 20:48

When I say something new, I am referring to a community booster quest, or, a community education quest etc.

Or, are these quests what we already see on the flox leaderboard?

Frax Finance

08 Oct 2024 20:45

just simplified it a lil bit. is it looks like written by AI? lol

Frax Finance

08 Oct 2024 20:44

Was this written by chatgpt?

Frax Finance

08 Oct 2024 20:43

Frxeth v2 and bamm release thoon

Frax Finance

08 Oct 2024 19:50

Thank you for letting us know !

Please always report scammers and leave the fake group

Frax Finance

08 Oct 2024 19:46

Ty. Unfortunately we cannot control those. We looked into it for about an hour 2 weeks ago

Frax Finance

08 Oct 2024 19:46

FYI.. there was an ad with a scam link in the frax finance news channel

Frax Finance

08 Oct 2024 15:26

I am curious what a stable base rate looks like

Frax Finance

08 Oct 2024 11:23

Quick tutorial by Burrow intern on how to bridge FRAX to NEAR

https://x.com/burrow_finance/status/1843349831412265409

Frax Finance

07 Oct 2024 23:59

what is the reward token

Frax Finance

07 Oct 2024 23:56

it was 0% for a bit there.

Frax Finance

07 Oct 2024 23:56

yield is still better than vefxs

Frax Finance

07 Oct 2024 23:55

the yield is 6.25% in fraxtal

Frax Finance

07 Oct 2024 23:54

no incentives since fraxtal move?