Frax Finance

12 Dec 2024 19:04

my intution is that if CVX is a strategic asset, cvxFXS might be good play and in a good discount

Frax Finance

12 Dec 2024 18:53

Used to give the last tail emissions of FRAX the scarce asset

Frax Finance

12 Dec 2024 18:37

whats that .. your gonna mint a few FXS and reward veFXS holders just before the swap, to round the total number up to 100m :)

Frax Finance

12 Dec 2024 18:35

To execute the hardfork we do a vote, but after the hardfork and after validators are decentralized, even a token holder vote can't undo immutable variables. Only coordinated hardforks can do that and even those just create a new chain, not change those variables. Think about it like this: it will be as technically hard to change the FRAX supply as it is hard to change the BTC or ETH supply.

Frax Finance

12 Dec 2024 18:33

Can’t just screw with immutable stuff without a dao vote no?

Frax Finance

12 Dec 2024 18:32

And the tokens haven’t switched yet

Frax Finance

12 Dec 2024 18:28

Feels like fxtl will be convertible to frax (fka FXS), since Sam has mentioned fxtl as the way to distribute tail emissions

Frax Finance

12 Dec 2024 17:52

all I know is, everyone will be happy

Frax Finance

12 Dec 2024 17:51

Now @WethWood , in my battle for fxs being scarce (oeh and scarce it will be), doesn't have to call me annoying anymore ❤️

Frax Finance

12 Dec 2024 17:40

Yea probably in the weeks following

Frax Finance

12 Dec 2024 17:36

I feel like BAMM could release any minute

Frax Finance

12 Dec 2024 17:29

Hopefully it’s not the same wait time as the singularity part 2 announcement 👀

Frax Finance

12 Dec 2024 17:23

Hey everyone!

Sharing news: FRAX is listed on CoinRabbit lending platform as a reliable crypto asset. Now you can borrow against FRAX to gain more :)

Frax Finance

12 Dec 2024 16:31

They are very different

Frax Finance

12 Dec 2024 16:12

I know, just some of these with that kind of language sound so pathetic and scammy to me

Frax Finance

12 Dec 2024 19:03

im about to deploy more capital in to the market and FXS is now on my shopping list. but how i will invest is still to be confirmed... tempted to go with sdFXS

Frax Finance

12 Dec 2024 18:46

I only did it since it's so new and the tokens haven't changed yet. Once the change is live I won't do it anymore.

Frax Finance

12 Dec 2024 18:36

Exactly as it should be :)

Frax Finance

12 Dec 2024 18:34

i suspect here will be a vote, but doubt we will see it get rejected. nor do i see a reason to reject it.

Frax Finance

12 Dec 2024 18:33

Hard fork neeeds vote?

Frax Finance

12 Dec 2024 18:29

@samkazemian see ^ i told you people would say the token name and then say what version they mean :)

Frax Finance

12 Dec 2024 17:53

Still not sure how fxtl will fit in but we shall find out

Frax Finance

12 Dec 2024 17:52

The outcome I predicted is coming to pass. Fixed inflation with burn

Frax Finance

12 Dec 2024 17:50

After cooling down a bit from the hype I got after watching flywheel with sam, I want to to emphasize the fact that it seems tokenomics is gonna solve the FXTL value, hardcap for FXS and opportunities for (multiple, multiple) yields/burns/buybacks. All the discussions, all viewpoints were basically incorporated. Insanely bullish.

Frax Finance

12 Dec 2024 17:40

I hope so, but I imagine just after the final announcement

Frax Finance

12 Dec 2024 17:35

My understanding is we'll get all the parts by 12/16

Frax Finance

12 Dec 2024 17:29

Anyone know when next 2 announcements will be

Frax Finance

12 Dec 2024 16:33

I mean traction wise

Frax Finance

12 Dec 2024 16:13

also a lot of banks have actually consolidated heavily over the past 10+ years because they were in fact rotten pigs with lipstick

Frax Finance

12 Dec 2024 16:10

How many different banks are there in the world