Frax Finance

14 Dec 2024 16:38

Hello ser. Thank you for your feedback. We urge you to join in on the discussion of the proposal in our governance channel when it is posted next week. We hope then you can be more specific to what you are missing, so we can evaluate your feedback and opinion. Perhaps when you see the proposal in full, you will be more positive and understand better our vision. Thank you for participating and being active in our ecosystem.

Frax Finance

14 Dec 2024 15:27

BAMM being shipped before year-end.

In the hunt for a master account at the Fed.

Pioneering the onchain agentic layer (on top of Fraxtal’s growing ecosystem of protocols/apps) with model inference set to consume FRAX.

Funny intersection— something you bet the farm on.

Frax Finance

14 Dec 2024 15:23

Is there any hope we get listed on Coinbase and Upbit by end of January? What's the thoughts?

Frax Finance

14 Dec 2024 14:39

Learn to respect others

Frax Finance

14 Dec 2024 14:39

You're a clown and you don't even know it

Frax Finance

14 Dec 2024 14:38

I know people who are not sure they can buy their next meal

Frax Finance

14 Dec 2024 14:36

I don't think it's funny, such a sincere reply from a 60-year-old man. I bet your bag isn't as big as his

Frax Finance

14 Dec 2024 13:39

I would advise you to watch the last video interview where Sam touches also on how FRAX is moving to a more widely accepted stablecoin in the near future:

https://youtu.be/1STOAkPfvjY?si=TZrcaQUC9uh2SVKV

Frax Finance

14 Dec 2024 13:07

Yes, this has been discussed multiple times in the group, you can search the keyword "tbill" and grab some discussions about it.

Frax Finance

14 Dec 2024 11:58

Think you misread or misanswered ser.

Frax Finance

14 Dec 2024 10:36

No sir, but the other stuff is imminent, BAMM is essentially here 🙂

Frax Finance

14 Dec 2024 10:30

Ok first of all, thank you for the kind words and feedback. I hear you. Good advice. Like I said above, BAMM is coming EOY now, frxETH v2 soon after. But to be clear with you, we never said we would launch frxBTC or that it was something we were going to launch, now people are just putting words in our mouth and expecting something that we never said. If people are going to hold us to what we said we will do, they should do that. But they should also be honest and not hold us to anything that we didn't say we will release. We never ever said we will release frxBTC. So please let that be clear and do not use it against the team. Thank you 🙏

Frax Finance

14 Dec 2024 10:19

yes a swap + lending market in 1 with no oracles its diabolical innovation

Frax Finance

14 Dec 2024 10:12

BAMM is around the EOY for launch publicly. frxETH v2 I will check for you and get back on. For now, check this out (UI will become public in the coming days): https://bamm.market/

Frax Finance

14 Dec 2024 10:03

The formal gov proposal will have complete details.

Frax Finance

14 Dec 2024 15:27

Maybe after the Frax token upgrade

Frax Finance

14 Dec 2024 15:26

It's bigger news than vison2030.

Frax Finance

14 Dec 2024 15:06

Deposited FXS into the curve FXS/cvxFXS pool (fraxtal) and got a +43.6446% slippage bonus

Frax Finance

14 Dec 2024 14:39

Vefxs apr will hopefully soon go up again then he'll have some decent income

Frax Finance

14 Dec 2024 14:38

We're in a casino. Nothing more

Frax Finance

14 Dec 2024 14:38

sir, I'm sure many in the community share your feelings and expectations.

Frax Finance

14 Dec 2024 13:47

Good morning Dr. Kazemin
my name is Michelangelo Liguori nice to meet you. I joined the FF project in February this year after careful analysis.
I had also tried to contact you via T but I was not lucky enough to get a response probably because of the many people writing to you.
I have invested a total of €1.2m in Fxs of which 76,377 Fxs (a.p. 8.5) locked as of 12/31/27 and the remaining cash (a.p. 3.0)
I have 60 years of which 35 years have been in TradFi (bond, equity and derivatives).
I was writing to you about my disappointment regarding the news that has come out which, in itself, I value positively but which have, I believe medium to long times for verification.
I honestly expected to see a currency response at least above $5. I am not a short-term investor ( otherwise I would not have locked in at 4 years!) but I am 60 years old..
Incidentally, in talking to my clients who are institutional clients, I have taken care, in the spirit of community, to advocate for the project.
My apologies for my sincerity but I prefer to say things clearly and directly. I hope, of course, that the next news will prove me wrong.
Sincerely
ML

Frax Finance

14 Dec 2024 13:37

@justnow088 I guess you meant "tbill"

Frax Finance

14 Dec 2024 13:03

question for you - if the stablecoin legislation passes in its current form it could make Frax’s collateral non-compliant as the bill outlines compliant collateral as things like T-bills + USD. In this instance is there a plan to transition Frax’s collateral to compliant assets?

Frax Finance

14 Dec 2024 10:41

For now I’m deeply disappointed

Frax Finance

14 Dec 2024 10:35

oh, I thought frxBTC is planned, since I see it being discussed here often

Frax Finance

14 Dec 2024 10:23

dear Sam King, while the lack of visibility in certain markets could be a contributing factor, I personally believe the underlying issue lies more in how we approach the market with our offerings.

I understand that there are reasons on your end for holding off on these vision announcements until now. However, from a market perspective, if we are unable to act quickly and capture mindshare and attention early in Nov, it may be more effective to first launch our long-overdue hard products—such as BAMM, frxETH V2, and frxBTC, before releasing our vision roadmap, and each of these products has the potential to leverage the current hype around the DeFi renaissance, ETH ETF staking, and the bullish momentum in Bitcoin.

You know Why?

People here have gone through a whole bear cycle believing in the vision, now the first exam paper we deliver after the entire market started to recover, is yet another vision paper. That will not resonate well, and you see the market reactions, especially now with all the noises elsewhere. Instead, you gotta let people see the hard data and tangible results that you worked over bear market first. Once they see the tangible progress, unveiling the vision roadmap will come as a surprise which further gets people hyped, and I’m sure it would also be a lot easier for people here to accept the single digit emission.

Frax Finance

14 Dec 2024 10:16

Will be one of if not the only venue for leveraging memecoins, AI coins, literally any coin with a BAMM pair 😎️️️️

Frax Finance

14 Dec 2024 10:09

Hi any progression on frxeth2 and bamm coming out in full swing?

Frax Finance

14 Dec 2024 10:02

Yes, of course. That's exactly where the detailed explanation should be and will be. It's obviously not possible in a 230 char tweet.