The official Telegram group for Frax. https://frax.finance/ codebase: https://github.com/fraxfinance twitter: https://twitter.com/fraxfinance news: @fraxfinancenews trading: @fraxtrading
The underlying frxUSD is backed by tbills and does generate yield yes. In that situation it just sits there. In the higher yield situation it’s allocated to the other strategies
Читать полностью…Thank you sir, means a lot to hear that. 2025 will be one for the Frax history books 🫡
Читать полностью…I'm allowed to type again
Whichever team or admin member decided to mute me for voicing dissent against such a bad initial proposal should be timed out themselves
how can i tell i'm DMing the right mod? want to be sure before sending thx
Читать полностью…i just went to layerzero and it says it failed. now what?
Читать полностью…how long does it take to settle frxeth sonic > frxeth mainnet? it said only a few minutes on ui but its been about 15.
Читать полностью…Hello, I have a partnership with big project already existing in Binance Exchange, it's for free 😉
Читать полностью…I have tried some combinations, USDC to frxETH on Arbitrum, Polygon, but doesnt found any root
you can get tired of searching if you dont find something easy. Think that most will move stablecoins USDC, USDT to sfrxUSD
Probably better to switch USDC for frxUSD on Arbitrum then bridge across. The current bridge/router is improving but as you see you get stuck with say USDc
Читать полностью…Stay vigilant, we have taken some measures but it is hard to remove them completely.
Читать полностью…By the way, the number of scammers who write to me every time I ask something is impressive. I've never seen so many in a single group.
Читать полностью…Yes, I would like to move some stablecoins from other chains to sfrxUSD but actually I don´t know any bridge to do it
Читать полностью…I'm trying to understand this: " If the highest yield is the IORB/T-Bill rate, then frxUSD staked in the yield vault will be allocated to RWA strategies holding short-dated (>90 days) United States Treasury Bills." Suppose we're banking with Blackrock alone, won't all the fraxUSD created generating some yield? Or they just sit flat? @samkazemian
Читать полностью…Little shoutout to @samkazemian and team.
I’ve known about FRAX since beginning but only following closely past few months. It’s been so refreshing - compared to the sea of madness in the space, here I experience a project that is experimenting in all the right directions, an engaged supportive community operating in the closest manner we have to decentralized orgs today, and a vision that is refining into epic monetary infrastructure for the next century.
Sam showing up in this chat regularly, being present for what community is saying, integrating feedback and crushing it on every interview he takes is exactly how a leader should do it.
While there is some uncertainty in where FRAX will specifically find its niche (which i consider normal), IT WILL FIND IT AND BE MASSIVELY PROFITABLE. It’s only one time per cycle I find a project to really develop conviction in. Frax is clearly it.
Excited for everything to continue developing. It’s gonna be a wild ride
Please remember this happened with fpis diltition vote before.
Team won the vote on a bad proposal, then all fxs holders, including the team, paid for it with a severe price decline
We don't need to repeat the same short sighted mistakes
in the right corner of their name, you can see Wa has frax mod written there
Читать полностью…https://x.com/ErikVoorhees/status/1896614901025751323?s=35
Читать полностью…🐋🫡
https://x.com/FraxBeluga/status/1896549768882790623
Advantage is Frax developed bridge/router/ferry should be more secure
Читать полностью…I think you must improve the posibilities to bridge because is a litle complicated to find any combination
Читать полностью…We recommend you to bridge and swap through our website frax.com. We have partnered with Layer 0 and Odos to bring you the best solutions at our interface.
Right now USDC is not supported through the bridge, but you could try swapping to another Frax asset first before bridging. frxETH for example. You can find good routing for it here if it is not available directly on frax.com: https://app.odos.xyz/
For example, from UDSC on Arbitrum to sfrxUSD, how can I do it?
Читать полностью…Hello ser. Are you talking about for our chain Fraxtal? The gas on Fraxtal is currently frxETH. It will in the near future change to become Frax (FXS).
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