Frax Finance

24 Dec 2024 01:30

the FRAX protocol offers many ways to invest. personally i like to hold FXS and some FXB bonds. you should take a look around the app and see what attracts your interest and we would be happy to answer any questions you have.

Frax Finance

24 Dec 2024 00:31

https://discord.com/channels/1238531679933436004/1248764987632128152/1320887431003770911

Frax Finance

24 Dec 2024 00:26

Has anyone mentioned when the prospal will go live for voting?

Frax Finance

23 Dec 2024 23:44

100%

I believe 2025, at least partially, is the last year FXS is a 2 digit token.

I believe we're destined to break $100 this cycle.

Frax Finance

23 Dec 2024 23:22

yea exactly, backing with Superstate/BlackRock/Ethena to get those exposures

Frax Finance

23 Dec 2024 22:57

Frax is doing the same thing https://x.com/fraxfinance/status/1866920870041858490?t=DBfsBH-66O9Xsi7SSaDHCA&s=19

Frax Finance

23 Dec 2024 22:48

Can I ask you a question about FXS?

Frax Finance

23 Dec 2024 22:47

I hope Frax will get what it really deserves

Frax Finance

23 Dec 2024 22:45

Baron Reikart Vonnegut, Defender of DeFi, Champion of Austria. The man is a legend

Frax Finance

23 Dec 2024 22:44

your name seems to pop up everywhere

Frax Finance

23 Dec 2024 22:40

Lido should not be as valuable as it is lol. Their LSD is nowhere near the #1 performing.. they were just a first mover in the area and amassed a huge treasury.

Frax Finance

23 Dec 2024 22:38

Something competitive

Frax Finance

23 Dec 2024 22:38

Lido Finance has recently been added to Grayscale trust Fund

Frax Finance

23 Dec 2024 22:37

Take a look at Optimism OP

Frax Finance

23 Dec 2024 22:36

And thanks for your interaction
I appreciate

Frax Finance

24 Dec 2024 00:35

Frax captures all the profit after yield is paid out to the savings tokens (e.g., sfrxusd, sfrxeth). There's also value above just the cash flows. Frax will have a similar role in the Frax ecosystem as eth does in ethereum. Frax will be the gas token, staked for validators, the way to pay for .frax names.

I suggest listening to the recent flywheel interview and reading the vision roadmap (pinned). Sam explains it much better than me.

Frax Finance

24 Dec 2024 00:31

dTRINITY have just put limits on the amount of FRAX related assets it can take as collateral due to lack of liquidity, is there any way the FRAX team can increase the liquidity in some of the pools, ideally the TriFXS pool.

Frax Finance

23 Dec 2024 23:55

Where's the value accrual to FXS though? in the 100% CR model, the seigniorage is not there. Even sFrax captures more value

Frax Finance

23 Dec 2024 23:28

Thanks for all your responses earlier. I'm actually very enthusiastic about Frax and excited about the BlackRock proposal.

Frax Finance

23 Dec 2024 23:10

I believe we are building and preparing behind the scenes in peace and quiet to avoid regulatory hassle. This might go away overnight on Jan-20th. Oddly, all products, gov discussions and votes, and product rollouts are scheduled right after that date. Probably nothing.

Frax Finance

23 Dec 2024 22:51

Do you really think FXS will ever reach it's all time high?

Frax Finance

23 Dec 2024 22:48

Provided that Vision Roadmap will be accomplished

Frax Finance

23 Dec 2024 22:46

Hey Luke
Thanks for interaction

Frax Finance

23 Dec 2024 22:44

Because he's a Baron

Frax Finance

23 Dec 2024 22:43

we got a expert concernor here lol. Do nimo shit. I'll go back fraxzealot in trade channel.

Frax Finance

23 Dec 2024 22:39

Engagement is low unfortunately

Frax Finance

23 Dec 2024 22:38

It all shows that they have something valuable

Frax Finance

23 Dec 2024 22:37

Fraxtal gas zero chance to have Grayscale Trust Fund

Frax Finance

23 Dec 2024 22:37

Do you think there's a chance for FXS to be considered via Grayscale?

Frax Finance

23 Dec 2024 22:35

I just wanna express my opinions