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The official Telegram group for Frax. https://frax.finance/ codebase: https://github.com/fraxfinance twitter: https://twitter.com/fraxfinance news: @fraxfinancenews trading: @fraxtrading

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Frax Finance

Filip likey supply increase that brings him salary. He loves J. Powell and know for fact

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Frax Finance

To cut it here, you guys go ahead and vote for suppy to increase and if you are that sure add increase for marketing and everything else needed (Filip wants salary too). Let price makes me wrong but don't come later on to cry in trading group why we are down only. There is the risk in supply increase, think twice, I can't make you vote or not vote. I am with all of you for long term thoughts just trying to tell you that it is not right time for it, you do whatever is needed with that information.

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Frax Finance

Well in long term enough all of us are dead too. Bull market is happening right now in front of our eyes.

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Frax Finance

Market didn't like announcements, obviously market reads better then us, you can't fool it. It read dilution and didn't like roadmap at all. Let's not get mr. Market anymore disappointment with us. We are solid project, have many upsides.

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Frax Finance

You have many portfolio manager - boomers thinks like this guy

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Frax Finance

I really want to know where you get your information from

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Frax Finance

Long in short, it is not best time to talk about dilution. That is my point. I am sure long term it's good and team makes sanse with that, but not now those conversations, no need.

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Frax Finance

Whole wall street talking about Etherum dilution and how they don't get it - supply and inflation etc... now we want to voluntary join them? Hell no.

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Frax Finance

So, based on your assumptions and the future market, the team should sacrifice long term goals for short term pumps.

Fair. Make your voice heard when you vote with your veFXS.

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Frax Finance

So, the team has a vision on what they feel is best for the protocol. Where they want to take the protocol.

And to do that, they need governance approval.

So, instead of moving forward with that vision, the team should hold off, not release their future goals and plans?

This makes no sense to me.

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Frax Finance

If it's important in years to come, we talk about it in years to come. Let's focus on what can we give to this market to be bullish about today and tomorrow. Once we have more users, momentum going then we like politicians snik under those bearish and hard moves that pays off long term

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Frax Finance

Just to be clear, today there's NOT a immutable max cap in the SC. So having it immutable is necessarily a much needed step ahead. Can we agree on that?

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Frax Finance

As pumps brings users, pump is the mother of all users onboarding and attention.

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Frax Finance

Maybe pivot less and strengthen core more?
Aave been focused on lending and it's been doing great
How's our lending protocols growth over the last year vs aave as the more nimble smaller protocol?
How's our frxeth as one of the leaders in the staking space?

The problem with shifting constantly is you don't hold yourself accountable to real results
It's good to increase goals not swap it

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Frax Finance

I don’t analyze all coins and their individual tokenomics/governance changes to give a sufficient answer.

I focus on a few ecosystems and what is best for that individual ecosystem.

If you want to provide detailed historical data for comparable protocols for the team to review and learn from, I am sure they will be greatly appreciated for the effort.

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Frax Finance

Stocks are 99% inflating shitcoins, never stopped boomers from buying them

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Frax Finance

I don’t understand what you are saying regarding “dead” but, I think everyone is aware that the market sentiment is overall bullish.

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Frax Finance

Market is efficient long term, not short term.

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Frax Finance

Point stays the same. It's hardcup point.

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Frax Finance

https://x.com/PratikKala/status/1804866767254417648?s=19

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Frax Finance

You guys vote for it and let price make me wrong.

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Frax Finance

Yes, Etherum inflation is the main topic in boomers heads. Stupid money are in memes, they are not in DeFi, the only money that are entering DeFi are boomers and they can't understand Etherum inflation and supply max etc

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Frax Finance

I didn't say I am against it. Please let's talk bearish talk in proper time. That's all.

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Frax Finance

They had more then one vision and it is subject to change. They can always announce for instance add on vision. Let's be little bit political with hard moves. This is not right time for dilution talks, that word should be banned Q4 and Q1 2025. Once Btc crash and we go in hell with it, then open the gate and talk 300% dilution in a day and give us all reason why in 2030 it will be good for protocol. Token is trying to get out of bear market and let's stop disrupting it.

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Frax Finance

Ok. Sam proposal is coming soon anyway, so we can just wait a few more days and discuss on true data, as said before :)

and I love the pump too, btw! Respect the pump, we have been undervalued for too long already.

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Frax Finance

Why today we need to talk about it? Probably you are right and it is well needed. I am just saying right things in right time.

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Frax Finance

Here’s the thing, the bull market doesn’t change what is best for the protocol long term.

Bull or bear market doesn’t affect what I back.

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Frax Finance

Look that is the thing, you are backing here dilution of tokens without any research of side effects in bull market?

We want to do now what support pumpamentals.

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Frax Finance

Thanks for giving me credit about my critical thinking 😉 anyway, let's catch up with the conversation after the real proposal will be out.

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Frax Finance

If you want to codify a hard cap you can codify it to the current one

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