Frax Finance

12 Dec 2024 02:03

Higher low every cycle

Frax Finance

12 Dec 2024 02:01

It’s worth 2x as much bitcoin as it was in 2020

Frax Finance

12 Dec 2024 01:56

But this 10m also can be converteds to sfrxETH for the long therm FXBs given as rewards?

Frax Finance

12 Dec 2024 01:46

@WethWood can u help me, i got a problem with Fraxtal bridge

Frax Finance

12 Dec 2024 01:44

Market speaks for itself. Ethbtc has not broken new highs or even 2021 defi summer high…

Frax Finance

12 Dec 2024 01:43

we have a perfect asset that is meant as a store of value, a divine asset sent by God that checks all the requirements. Why adding anything to it when its perfect as it is, why diversifying

Frax Finance

12 Dec 2024 01:41

For fraxlend, lend apy is apy we get in the deposit token? Fxs on eth has lend apy 15%. So if 1 fxs deposited, after one year deposit would grow 1.15 fxs? Provided everything stays the same

Frax Finance

12 Dec 2024 01:40

Don't forget that ETH has the backing of JP Morgan

Frax Finance

12 Dec 2024 01:38

You guys are way to bearish for ETH

Frax Finance

12 Dec 2024 01:36

most of BTC bought by the current market players won't hit back the exchanges in at least a decade or even for ever.
This cant be applied to ETH which moves with altcoin market and will do the red candle when QT will start or even sooner

Frax Finance

12 Dec 2024 01:31

I would chose BTC or even CVX over Eth. But seeing how much Eth is being bought by tradfi maybe someone knows something

Frax Finance

12 Dec 2024 01:12

Why don’t you like eth?

Frax Finance

12 Dec 2024 00:48

there is no second best

Frax Finance

12 Dec 2024 00:37

i think youre better off buying MSTR 🤷‍♂

Frax Finance

12 Dec 2024 00:28

Great question, wanted to ask more about tokenomics and if we gonna play the same playbook with bribe and FXS incentive

Frax Finance

12 Dec 2024 02:02

yeah and for the last 5 years it underperformed

Frax Finance

12 Dec 2024 02:00

It just made a higher low

Frax Finance

12 Dec 2024 01:48

everyone who's been in this space since before 2020 shares these symptoms.

Frax Finance

12 Dec 2024 01:45

Clearly market is saying btc way more valuable

Frax Finance

12 Dec 2024 01:44

Oh youre mentally ill. ok

Frax Finance

12 Dec 2024 01:41

lol you’re still using those maxi talking points?

Frax Finance

12 Dec 2024 01:41

dont forget that BTC is decentralized while the ETH is directed by a very peculiar and unpredictable creature that our technology doesn't permit us to understand yet

Frax Finance

12 Dec 2024 01:38

The financial system will come to it

Frax Finance

12 Dec 2024 01:38

@samkazemian curious to your plan when rates drop. Hypothetically, if we can go to 0% rate environment, staked frxusd would be dead money. Buying treasuries would be worthless with protocol earnings. I think FRAX should compete with microstrategy in gobbling up btc somehow. Strategic reserve should be majority btc over eth imo

Frax Finance

12 Dec 2024 01:34

what should happend for ETH to outperform BTC in long run, we talking in at least 1 cycle? And since FRAX won't day trade and sell/buy but rather just accumulate as a reserve, BTC is better placed

Frax Finance

12 Dec 2024 01:14

Ok guys just watch flywheel pod lmao insane alpha

Frax Finance

12 Dec 2024 01:05

Some admin can help me, got a bug with Fraxtal Bridge

Frax Finance

12 Dec 2024 00:45

It’s infinite quantitative easing

Frax Finance

12 Dec 2024 00:28

But maybe it’s an another part

Frax Finance

12 Dec 2024 00:18

All I want for Xmas is for Discord to be used instead of Telegram. So much time spent searching & scrolling here….