Frax Finance

20 Dec 2024 13:59

Because theyre about to ape FXS and send it to the moon

Frax Finance

20 Dec 2024 13:37

This is 100% rebranding the FXS token, each product of the Frax ecosystem is its own brand under the Frax umbrella

Frax Finance

20 Dec 2024 12:52

FXS will become Frax.

Frax will become frxUSD.

The way the tokens behave will be the same or similar. There will still be many tokens in the Frax ecosystem, as our goal is to become the "decentralized centralized bank" issuing the most important assets of the 21 century and beyond.

Frax Finance

20 Dec 2024 12:41

Hello ser. It is related to a whole new roadmap the Frax core team has announced. Frax will get new tokenomics, and a clearer brand image with tickers that is more self-explainatory. Frax will remain Frax, but the roadmap is our plan for how we will achieve mainstream adoption of our products. The current public information/announcements can be found here: /channel/fraxfinance/380014

In the coming days we will start to release the proposals into governance, where all of the details can be found. You can find the governance website here: https://gov.frax.finance/

Frax Finance

20 Dec 2024 12:27

Hi. please explain to me the further vision of the FXS token. FXS -> FRAX — is it a reorganization of the ecosystem? Is this related to the new design of tokenomics and the use of the FRAX token as a single element in the system? That is, will the FRAX token become the native token of the entire project or what?

Frax Finance

20 Dec 2024 11:47

The current collateral ratio (CR) of Frax is approximately 99.86%.

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Frax Finance

20 Dec 2024 11:47

I'm sorry, I could not find any relevant information to answer your question. If you are looking for the current collateral ratio (CR) of Frax, please ensure that you specify the exact term or context you are referring to, such as "Frax collateral ratio" or "Frax CR value." This will help me provide a more accurate response.

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Frax Finance

20 Dec 2024 11:46

How much FXS will it take to become a validator on fraxtal?:)

Frax Finance

20 Dec 2024 11:30

revolut would be nice

Frax Finance

20 Dec 2024 11:15

With CR above 100% for a while, when can we expect the FLE buybacks to start again?

Frax Finance

20 Dec 2024 10:40

if you are farming the dT points then feel free to use my ref code on the dTRINITY UI to increase your dT points earning rate by 10%. :) dt-f230467c

Frax Finance

20 Dec 2024 10:22

The current collateral ratio (CR) of Frax is approximately 100.03%. If you have any more questions or need further assistance, feel free to ask!

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Frax Finance

20 Dec 2024 10:19

well it will be a huge move for Frax ecosystem 🍻

Frax Finance

20 Dec 2024 10:18

Interesting. It would be interesting to explore that for the FXS upgrade. 🤔 We should use the opportunity to get the upgraded token supported in as many of these venues as possible so it's even more accessible than before.

Frax Finance

20 Dec 2024 10:16

$BNB just got listed in Revolut, I hope one day $Frax will be listed as well

Frax Finance

20 Dec 2024 13:50

How come people are selling off their fxbs?

Frax Finance

20 Dec 2024 13:17

For price discussion you should join our trading channel here: /channel/fraxtrading

But the reason we want to do these changes is that we believe they increase the likelihood of us reaching our goals. If you believe in our vision, what we have built and what we are building, then it should be a positive development. We always try to improve our products and services, and the next focus for us is towards adaption. If you disagree with our vision or see other areas of improvements, we are very open to constructive feedback.

Frax Finance

20 Dec 2024 12:49

Alas, this did not answer my question. I've already seen the roadmap, and the question is about it. As a result, FXS will become FRAX and combine all other tickers and become a native Frax Finance token? I am interested in the project from the point of view of investing in the FXS token, but I do not fully understand the further work.

Frax Finance

20 Dec 2024 12:27

Face off ppl selling their fxb AT lost

Frax Finance

20 Dec 2024 12:23

We have WS databases, TG databases, Binance databases, and more from different countries

Frax Finance

20 Dec 2024 11:47

@IQGPTChatBot what is the Frax CR right now.

Frax Finance

20 Dec 2024 11:47

@IQGPTChatBot frax CR now

Frax Finance

20 Dec 2024 11:30

Start buying back FXS!

Frax Finance

20 Dec 2024 11:29

It's time to repurchase!

Frax Finance

20 Dec 2024 11:00

Revolut is huge in Europe. All coins (even dino) listed on Revolut pumped during this bullrun. Easy access for newbies. Maybe that's the way for us. You sholud defo contact them and we'll see...

Frax Finance

20 Dec 2024 10:22

Not rebranding, token upgrade. Rebrand would mean different name/brand than Frax. Frax is forever sir.

Frax Finance

20 Dec 2024 10:21

@IQGPTChatBot frax cr

Frax Finance

20 Dec 2024 10:18

any news about fraxtal tge ?

Frax Finance

20 Dec 2024 10:16

Thanks for quick response! Makes sense to me.

Frax Finance

20 Dec 2024 10:15

Fair. I get the confusion. And yes we said we wanted to launch this product and discussed how it works but clarified later multiple times that UNLESS it would be integrated by protocols that made up over 70% of WBTC usage, we won't launch it nor think it's worth the time to do so. I understand the confusion. I hope that having clarified it now multiple times it's fully cleared up now 🙏