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Читать полностью…Market focusing on token incentives and implies there is a lack. Blackrock custodying may eliminate some routes for exotic FXS use cases if Blackrock wants stability? Thinking out loud
Читать полностью…we’re just getting started https://x.com/superstatefunds/status/1870512806837325884
Читать полностью…What is the actual proposal? For
Frax to put reserves into buidl just like usdtb? Someone tldr this word salad for me please
We have to make sure the Overton window doesn’t shift to making ETH like atom or sol. It should stay scarce and continue to be seen as a treasury asset which is why frax plans to use it in its strategic reserve. I don’t see this changing anytime soon so ETH maxis and concernoooors need to chill.
Читать полностью…Everyone needs to socially align on this idea that yes L2s take away from enshrining ETH as the gas token which can hurt ETH monetary premium but at the same time they use it as a medium of exchange and store of value as a treasury asset
Читать полностью…You can find the information in the roles-info channel ser. You can find it here: https://discord.com/channels/789823126966894612/1272378755821862922
Читать полностью…BUIDL is designated to be a collateral asset backing frxUSD.
I cant see any reason why an underlying collateral asset would have any limiting effect on the token (frxUSD) itself.
Further, no demands or "recommendations of change" have been made by BlackRock in regard to any Frax Product , or those stipulations would have been spelled out in their governance proposal
Have to construct the message the market is sending and consider it’s merits even if we think the markets are totally wrong/dumb
Читать полностью…I cant wait til the day comes when Frax is the single largest onchain mote of ETH, and we use all of it for chain validation (maybe restake ?) and governance, propelling sfrxETH even further ahead as the highest yielding LSD
Читать полностью…Gwart had a great post on L2s being parasitic and sam and Rex had a great convo on this exact topic
Читать полностью…Hey guys, we’re planning to open our first FXB market on dTRINITY. Which one would the community like to see listed most? FXB2055?
Читать полностью…Was thinking this - if you take frax tech stack + finres/new off ramp + vefrax/new tokenomics and compare to mkt cap or what fintech private company would buyout at
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