will fxbs be added to the ferry anytime soon? 7 day bridge for a frax issued token seems excessive
Читать полностью…Ironically prob FXS biggest run isn't going to be through DeFi but through their AI angle
Читать полностью…The Frax Collateral Ratio (CR) is currently 99.90%. This means that 99.90% of the value of the Frax stablecoin is backed by collateral. If you have any more questions or need further assistance, feel free to ask!
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This is 100% rebranding the FXS token, each product of the Frax ecosystem is its own brand under the Frax umbrella
Читать полностью…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.
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/
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?
Читать полностью…The current collateral ratio (CR) of Frax is approximately 99.86%.
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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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If you're holding your FXS on Fraxtal network, you don't need to do any after the network upgrades but if it's on Ethereum network, there will be a need for swap but you can always do it anytime. So I think you can still stake your FXS for veFXS anytime without any worries
Читать полностью…Bought the blood again. Can we still lock for veFXS ( veFRAX) or better wait after new upgrade?
Читать полностью…All the news will be posted on our Twitter page, kindly pay attention to our Twitter page
https://twitter.com/fraxfinance
We have WS databases, TG databases, Binance databases, and more from different countries
Читать полностью…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.
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.
Читать полностью…We have WS databases, TG databases, Binance databases, and more from different countries
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