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The official Telegram group for Frax. https://frax.finance/ codebase: https://github.com/fraxfinance twitter: https://twitter.com/fraxfinance news: @fraxfinancenews trading: @fraxtrading
Just kidding, 38% Supply APY and 12.5% Subsidized Borrow APY now 😅
Our Subsidized Borrow APY is now the same as USDC Borrow APY on Aave.
GM everyone!
dUSD Supply APY is now 27% (+points) on dTRINITY. Subsidized Borrow APY is still 0%.
FRAX/dUSD Curve LPs also earn FXS rewards + points now!
https://x.com/dTRINITY_DeFi/status/1875326279370916330
https://x.com/aixbt_intern/status/1875248260497207692?s=46&t=Y0vFX4iGbZpkEqis1D2pqw
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Hello, I've got a question : against whom Frax competes ? Is Usual one of them https://app.usual.money/ ? And what Frax is missing to gain markets share ?
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This graph only shows that FRAX Whales are diamond hands! 💎
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FXS will never surge until it's whales decide. As you can see approximately 80 percent of all Governance tokens FXS belong to them and have been accumulated by them.
Pay attention to this inevitable fact
They including [ team members, advisors, core contributors, developers and their friends ] can pump it whenever they want. It completely depends on them.
https://x.com/bridge__harris/status/1875245405673238796?s=46
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I got hit in the face by a tree a day before the election and have been nursing a concussion and broken collarbone/teeth for the past 2 months. Finally starting to feel normal. Staying off screens as much as possible to heal my brain.
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Besides. Isn't in an unspoken rule that anything in DeFi with Llama attached to it gets an automatic +2 in all categories? 😆
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I think Vitalik. He created a framework for tiers of rollups. L2Beats is following it?!?
FYI: I don’t know the details and I don’t know if L2 is following Vitalik to the T or, if they are adding their own metrics.
Reading the issues: proof system isn’t fully functional and no data availability…seems serious, but, maybe it isn’t. Maybe it is something that is a nice to have vs a “need” and maybe L2Beats is just trying to make a name for themselves with garbage tiers.
Oy, one more thing to dive into and learn about.
i think the right question is 'who asked for this?'
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166days till recategorizarion. Are they following Vitalik’s criteria for categorizing?
Are these items, the ones needed to maintain “others” on the roadmap and expected in 2025? Do you disagree with their importance? Are they vanity metrics or, important to prove decentralization?
Am I asking the right questions? 🙃
Alright, time for me to unloop my stuff and go lend lol (not financial advice)
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how often do the FXS rewards accrue in the curve dashboard? It doesn't seem to come in in real time
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For growth, IIRC I believe it’s largely about increasing number of holders. Steady trajectory higher with new holders, inevitable growth in mcap
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They absolutely are undisputed go-to for chain risks TVL and rankings of L2s... Let's not pretend it doesn't matter what is on L2 beat because it does. The risks aren't made up, they are real and should be addressed
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If anyone asks “when marketing” again i will slap them. Frax is now advertising on all the major crypto podcasts and the Twitter machine is running harder than ever.
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I've never really heard much mention of them outside of Bankless a few years ago, and here.. ive always used DefiLlama. I was under the impression they were the undisputed go-to for on-chain TVL and rankings... so I support this move
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FRAX gets promoted to the "Others" category as it proves its self to be beyond the standard and set apart from the rest
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https://x.com/0xsisyphus/status/1875163575016374767?s=46&t=0DwEZHXjuJYvM3vbA-1g1g
Frax?