Frax Finance

13 Dec 2024 22:02

yeah feb for FXS, but for frxUSD it will be early 2025 imo

Frax Finance

13 Dec 2024 21:48

@samkazemian are you guys going to add the 2055 FXB to Fraxlend?

Frax Finance

13 Dec 2024 21:03

Is there supposed to be more news today?

Frax Finance

13 Dec 2024 19:36

How're you doing man?

Frax Finance

13 Dec 2024 17:16

It's something new thing Frax is building with aivm.

'Frax is developing the “AIVM” parallelized blockchain within Fraxtal powered by a new Proof of Inference consensus system. The AIVM tech stack allows AI agents deployed to the blockchain to become fully autonomous and sovereign with no single party in control of the agent — a world first. The AIVM and Proof of Inference mechanisms enable seamless blockchain-AI collaboration and are developed in partnership with IQ."

https://www.globenewswire.com/news-release/2024/12/12/2996322/0/en/Future-of-DeFi-Frax-2025-Vision-Roadmap.html

Frax Finance

13 Dec 2024 17:10

What is proof-of-inference by the way. I can't find it anywhere

Frax Finance

13 Dec 2024 16:53

everything in crypto is tokenized, agents included. you’re right, in the current stage there are tech limitations. still, ATP is a great starting playground for future agent tech advancements that Frax is working on

Frax Finance

13 Dec 2024 16:45

Sovereignty: sure, but is aws really gonna block your agent? I don't think so...

Frax Finance

13 Dec 2024 16:33

From IQ's blog post..

Platform Features and Applications:
Agent Deployment: ATP allows the transformation of AI models into autonomous agents for diverse applications, ranging from DeFi operations to content creation.

Tokenization & Growth: Users can tokenize agents to create networks of co-owners that support development and share in success. Agents can manage a portion of their tokens and interact with DeFi autonomously.

Decentralized Sovereignty: ATP agents function independently without control by a single entity, ensuring sustained resilience and fostering innovation across the blockchain.

Frax Finance

13 Dec 2024 15:29

Still, people holding stables bridged through that specific bridge have to take on that risk with no actual benefit... I can understand this in something like FPI as it is fundamental to the product, not with actual chain infrastructure.

Frax Finance

13 Dec 2024 15:21

right. AMO is a bit more advanced. but my point is that, a bridge is basically a stable coin protocol. They finally figure out they can get some yield (revenue) out of this.

Frax Finance

13 Dec 2024 15:20

It is very different, AMOs can mint and burn FRAX with a cap set by governance. Basically works like a PID controller and stablecoin reserves are not involved at all in this.

Frax Finance

13 Dec 2024 15:16

This is the stuff of nightmares

Frax Finance

13 Dec 2024 15:08

staking underlying eth or pol or something is fine

Frax Finance

13 Dec 2024 15:04

https://x.com/0xPolygonFdn/status/1867225177702170974?t=er-tnPveaUGUZUGdeyryuA&s=35

Frax Finance

13 Dec 2024 22:01

when can we expect the token changes to happen? saw mentions of february

Frax Finance

13 Dec 2024 21:23

They teased an AI related announcement for today. https://x.com/fraxfinance/status/1867378008937431060?t=v9XpzEcDJZQIGOJOK2yQEg&s=19

Frax Finance

13 Dec 2024 20:17

Hello ser, you can DM me first 🙏 Thank you!

Frax Finance

13 Dec 2024 19:36

anyone I can speak with regarding a strategic investment partnership?

Frax Finance

13 Dec 2024 17:11

By the way: please change the cursor on iqai.io..... it is really really really cringe, no offense :)

Frax Finance

13 Dec 2024 17:01

True, I guess it makes sense with respect to wallet access safety

Frax Finance

13 Dec 2024 16:52

great questions!

tokenization helps to the initial governance of the particular AI by the token holders. tokenization can help to train AI incentivizing datasets, inference costs, etc.

Sovereignty is the next step where holders can decide to let the AI take full control and ownership of the decisions.

The idea of having onchain the AIs is to have access to wallets and defi primitives that would require trust third parties with the possibility of bad actors 😊

Frax Finance

13 Dec 2024 16:44

Thanks. Im not so sure this is super convincing though? Re tokenization: why would you want to tokenize something like this? If your AI agent is a black box, other people have to trust that it works. That's gonna be tough. If its not a black box people can just copy your agent. So I'm not sure man.

Frax Finance

13 Dec 2024 15:31

Hmm. I think that's the same? Frax protocol revenue is good for FXS holders, not FRAX (the stablecoin) owners.

Frax Finance

13 Dec 2024 15:24

Is it subject to more risk? Of course. Will I like it? Absolutely not.. But it's not that new and I'm ok with that risk elsewhere.

Frax Finance

13 Dec 2024 15:21

https://news.curve.fi/2024-12-13-curve-weekly-metric-yield-update/

Frax Finance

13 Dec 2024 15:18

how is this different from what frax AMO is doing?

Frax Finance

13 Dec 2024 15:08

doing this is terrible risk management

Frax Finance

13 Dec 2024 15:04

Looks like polygon wants to deploy bridge reserves into defi protocols

Frax Finance

13 Dec 2024 13:07

You can try

https://www.squidrouter.com/