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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

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Frax Finance

How can I get frax gas to get sfrxUSD?

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Frax Finance

Is 1 billion a lock at this point given everything in the pipeline that cannot yet be discussed

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Frax Finance

Good day guys I am a Bd from victusglobal we are interested in exploring investment partnership with your project please who should I contact?

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Frax Finance

@samkazemian so you're going to join the meeting on 7th in DC?

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Frax Finance

ah ok, got it, thanks.
Anyway to see which is the actual strategy is been used?

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Frax Finance

So sfrxUsd strategies still not working? How earn yield actually?

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Frax Finance

By integrating, do you mean actually integrating Sonic's FeeM or develop your own version of FeeM?

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Frax Finance

Well one of the chains, could integrate the other missing mechanism. In our Fraxtal North Star hardfork, it could be a great time to integrate the FeeM mechanism in addition to the flox blockspace incentives. That would be the ultimate L1 chain. Our own gas token, fees returned to developers, emission routed to users+devs too. I like it. That would be extremely bullish for developers to deploy to, almost no reason not to.

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Frax Finance

I like both Fraxtal and Sonic. Curious if you have any suggestion on how to combine the two from a user / player engagement?

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Frax Finance

Sonic's FeeM mechanism is really cool and unique. So is Fraxtal's blockspace incentives. Honestly, it would be cool to combine them both. Sonic returns whatever is paid by users, not more. Fraxtal pays emissions to users+dapps/contracts that pay for blockspace.

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Frax Finance

Thanks sam for clearing things up
I appreciate it

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Frax Finance

This internal mesh based system, is it openly available for use by developers?
Like besides the ecosystem tokens, can we launch our own new tokens on this standard?

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Frax Finance

Besides, if not IST
which cross chain fungiblity standard are we using currently? I would assume we would shift to using "superchain interop" when it launches, is that right?

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Frax Finance

But I get if thats too much

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Frax Finance

nearly more than a green day like this;)

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Frax Finance

@naderghazvini

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Frax Finance

What is our worst case, base case, and ideal case TVL by EOY 2025?

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Frax Finance

Binance to delist non-MiCA compliant stablecoin trading pairs for EEA users on March 31


— link | @unfolded

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Frax Finance

Yes, soon. We're working on a transparency page that will eventually be live at frax.com/transparency (not up yet) which will be the successor to the facts balance sheet. You'll be able to see the separation between frxUSD and its entire RWA backing and sfrxUSD's current strategy.

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Frax Finance

I don't know what you're asking. They do work, that's why there is USDe earning basis yields that goes to sfrxUSD. Someone asked if that means frxUSD is exposed to it and I explained no, they are isolated.

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Frax Finance

Integrating Sonic's FeeM into Fraxtal L1. And also would love to see if Sonic is interested in integrating our flox incentive system in Sonic for their points/gem system. Make each other better.

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Frax Finance

Ya it happens. I have a lot of North Korean impersonators. Try to ignore them. Or trick them for your own personal amusement.

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Frax Finance

Hi. Just so you know and as a warning for everyone. Ive been recieving daily dms from fake admins. Be careful everyone.

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Frax Finance

I think combining both mechanisms into a mega system would be the ultimate chain for builders: they get future emissions+rewards based on blockspace. They also get all the fees paid by users of their dapp.

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Frax Finance

Hi Sam. In regards to fee sharing, do you reckon app builders would make more money deploying on Fraxtal than Sonic (90% going back to the builder)?

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Frax Finance

The standard is the L0 OFT standard so yes you can deploy your own OFT tokens. L0 has documentation on how to do that and move them around between Fraxtal and other chains since Fraxtal is an L0 supported network.

If you'd like to read our own documentation for how we've structured it for our own assets, you can see it here: https://docs.frax.com/protocol/crosschain

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Frax Finance

We have partnered with Axelar on some networks for expansion. For networks that appear on frax.com's UI we use our own internal mesh system powered by L0. This is what you should use going forward for all chains that you see supported on frax.com. If you see it on frax.com, use the tokens that the UI gives you and lets you bridge between networks in about 1 minute, no price impact or fees.

If the chain is not on the frax.com UI, you can use whichever you wish and likely Axelar works fine.

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Frax Finance

Also if u ever see david sacks u have to post a pic with him

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Frax Finance

If you really dgaf eye emojis quote with this lmfao

https://x.com/WatcherGuru/status/1896248554018255186

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Frax Finance

Nice looking forward to it!

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