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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

I think he is talking about the ordering, which I actually share the same opinion,

here's what I would do:

step 1: u turn on the veFXS fee again first, an article about the pain is gone, we've cr>100

step 2: you release the new ui and bamm altogether, get the data flying, literally what fluid did back in Nov

step 3: do the frxusd, frax rebrand and get custodians out, peple see us reborn as new stablecoin protocol

step 4: you start mstr eth flywheel, no one does that, good narrative

last step should be vision roadmap that includes AI and all above pieces together

People then start to realize, oh waw, wasn't expecting this dope after getting all the moving pieces together

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Frax Finance

https://app.crosscurve.fi/

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Frax Finance

I’m talking about the order of the operation. The UI drops on Xmas right and then bamm shortly thereafter? Why not release those, catch the market by surprise. And then talk about other things we’re building when we already have a crowd gathered

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Frax Finance

Am curious to see what others think but I think the best course of action would have been no Fraxmas announcements. U drop the new UI when ready, surprise — merry Xmas. Then u announce bamm when it’s being deployed. Then u do the frax vision series about what we’re planning on doing in the future AFTER newcomers start playing with our new toys

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Frax Finance

wolfehr thank you as well

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Frax Finance

yeah it can be a bit confusing at first (you may have to utilize a few pools) but cool that you can bridge in from multiple networks and slippage and speed is quite good

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Frax Finance

Ima check that as well

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Frax Finance

This post has some bridges listed https://x.com/fraxfinance/status/1868837622841590188?t=un_n3tFUUnSzyJP3xTLblw&s=19

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Frax Finance

fake westwood btw don't dm

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Frax Finance

Anyone know a better bridge for frax?

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Frax Finance

Excuse me, is there anyone who does the project of moving bricks? The profit is considerable.

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Frax Finance

@IQGPTChatBot what is the collateralization ratio of FRAX stablecoin?

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Frax Finance

id be pissed as a token issuer if they rehypothecated

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Frax Finance

The drama around polygon bridge funding is finally over, morpholabs seems to get more exposure and praise, and aave's monopoly mentality is exposed, and whether it succeeds or not, hopefully fraxlend can also participate in such discussions and get the market discussion and exposure it deserves

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Frax Finance

Is this confirmed by team? Would make a short thread about it

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Frax Finance

may seem a bit complex but it's not bad

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Frax Finance

sure. it helps if you kind of use the curve pools on fantom to figure out how you want to route (helps you visualize it a bit better)

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Frax Finance

You do understand the entire announcement is a roadmap right? Am I misunderstanding you or are you essentially saying to not release a roadmap and just randomly drop things as a surprise without anyone knowing what’s being worked on?

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Frax Finance

wolfehr Send me a private message

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Frax Finance

Never gonna use squidahh again

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Frax Finance

But crosscurve looks good

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Frax Finance

it's a little diff you may have to do a few swaps (not sure what you're bridging) but depending, it's generally not that bad and i think b/c of pool balances on curve, you'll get a slight bonus withdrawing frxeth to fraxtal

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Frax Finance

ah have you tried crosscurve? you can bridge from base with weth or stables for example, and go to frxeth on fraxtal. slippage has been pretty good and depends on amounts obviously but i've used a few times

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Frax Finance

what are you trying to bridge and from which chain

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Frax Finance

Forget squidrouter, it either takes 40 minutes or the bridging fails

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Frax Finance

The collateralization ratio of the FRAX stablecoin is 102.19%. This means that for every FRAX stablecoin issued, there is 102.19% worth of collateral backing it.

🧠 Powered by IQGPT.com

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Frax Finance

I mean, whether it's a mortgage or not, it needs a community vote, and fraxlend is just participating in the exposure

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Frax Finance

over as it wont go through ya?

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Frax Finance

This time I will not be blindly optimistic, execution and market feedback results will give us the answer, wait and see

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Frax Finance

He finally pierced the veil 🫡

Welcome to the Citadel

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