Please post it Founder before the end of this year so we can start writing a new chapter from January 1, 2025
Читать полностью…@naderghazvini Just noticed the *Learn More* for FXTL points tooltip on Curve leads to a broken link https://www.frax.com/flox-leaderboard/
Should redirect to https://www.frax.com/flox/leaderboard
when price dump is more interesting to use bonds to buy the lower prices, this is why this kind of behaviour is frequent when price goes down
Читать полностью…I do not believe I have seen anyone put forth a formal governance proposal with what you are suggesting. Furthermore, I don't find it likely for one major reason:
Although details are slim, from what we do know, Fraxtal Chain will be at minimum partially PoS, requiring decentralized validator nodes, which require soverign token lockup (aka, locking $FRAX/$FXS).
While technically validators themselves can be tokenized, transferable, and liquid, they still require the Sovereign Asset to ne locked.
With all the alfa we have in regard to LRT and multi-rewards for Validators, I find it unlikely Frax will abandon the ve-Model, though I also assume it will be a bit different than the one we have today
For instance, if you scroll up, you will see screen shots from Travis Moore in regard to a yet-to-be-released lending/borrowing module for Ethereum Validator Nodes.
This is completely unconfirmed, but I suspect we will see that same lending/borrowing module for $FRAX validators going forward
Revenue will be distributed as wrapped FXBs (wFXB I think) moving forwards. Convex is managing the wrapper.
Читать полностью…sum giga brains, was there anyone who proposed to completely remove FXS stacking and redistribute the wealth through buybacks? I understand that stacking FXS cuts the circulating supply but it also adds extra work for the devs and the team, extra risk, and has an opportunity cost where instead of stacking FXS someone could use it as collateral in other protocol and still get value from buybacks + extra yield
Читать полностью…I have another question, when the proposal governance start, I didn’t lock my fxs to veFxs yet, but now I lock it while the proposal is still available. Why it still show that my eligible veFxs for voting is 0?
Читать полностью…Will the BlackRock-related voting results and the future plans based on the results be posted on X tomorrow?
Читать полностью…for the bonds. does yield to maturity mean yield per year? so fxb2026 at current prices is 7.01% + whatever APR you earn while LPing?
Читать полностью…We don't have any immediate plans for Fraxtal validators but we might at some later time
Читать полностью…The idea of using FRAX (soon-to-be fka FXS) for Fraxtal validators is not lost on us.
We are not abandoning ve-
Imo defi will then flourish automatically as more liquidity comes into the ecosystem
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