Frax Finance

05 Mar 2025 15:39

Maybe Sam K will be one of the questions mark 👀🤔 instamoon

Frax Finance

05 Mar 2025 15:32

Is Sam going to white house?

Frax Finance

05 Mar 2025 15:30

https://x.com/MilkRoadDaily/status/1897283203960070363

Frax Finance

05 Mar 2025 15:28

Sure, but its not there yet

Frax Finance

05 Mar 2025 14:48

Its not from my understanding, since the frax balance sheet is still below cr

Frax Finance

05 Mar 2025 13:30

As far as I know, if you hold frxUSD you don't get any yield, I don't know if the fact that it is backed by tbills means that the protocol itself earns that yield.
You only earn if you have sfrxUSD. You are right that it is somewhat confusing that if frxUSD is already backed by tbills.

Frax Finance

05 Mar 2025 12:40

I am not available to check right now, but will do so later.

Frax Finance

05 Mar 2025 12:33

It is impossible to write in the ticket

Frax Finance

05 Mar 2025 12:32

You should be able to create tickets regardless. Everyone can create a ticket.

Frax Finance

05 Mar 2025 12:31

Hello ser. We have implemented a new system, so you should get the slightly verified role in the Discord after you have passed the verification. We will consider further actions after we have given the new system some time so we can evaluate it. Discord has big problems with bots and scammers, so this is part of the solution we are trying to limit that.

Frax Finance

05 Mar 2025 12:16

It is impossible to access your group in discord after securitybot verification.

Frax Finance

05 Mar 2025 10:46

1. The footprint. Frax is becoming a known name across so many chains. There is opportunity on all of them.

2. The infrastructure is basically SaaS product for a central bank / nation state with all the bells and whistles

3. using dtrinity as as a reference re Fraxtal - they are creating a niche service, lending against fxbs and fxs and will be able to put more focus on internal Frax related stuff bc Fraxtal exists. I don’t see another ecosystem developed so connected to one project, maybe Unichain could have something similar soon but not there yet.

Getting the tokenomics right to drive value to both sfrxusd and fxs will be crucial

Frax Finance

05 Mar 2025 07:25

The frxeth of the Ethereum chain is not enough, and the frxeth of other chains cannot cross over or reach the fraxtal chain, making it impossible to choose

Frax Finance

05 Mar 2025 07:22

that's something I'm missing. Will the frax protocol gets the yield for the (100-40) frxUSD or the users get 100/40 amplification of yield?

Frax Finance

05 Mar 2025 07:20

So the 60 frxUSD won’t earn yield for the user but it will generate tbill yield for frax protocol right? SfrxUSD is where the user gets real yield

Frax Finance

05 Mar 2025 15:38

Looking hierarchical

Frax Finance

05 Mar 2025 15:30

I see this list but no idea if is invented

Frax Finance

05 Mar 2025 15:30

The White House Crypto Summit invited about 25 people, and the competition was so fierce

Frax Finance

05 Mar 2025 15:16

Frax is going to frxusd

Frax Finance

05 Mar 2025 14:35

Robinhood, CEO: Trump administration could get stablecoin legislation passed this year👀

https://x.com/Bitkevin1/status/1897279635043553485

Frax Finance

05 Mar 2025 12:41

If you have an issue that needs to be resolved quickly, you can send me a DM on Telegram. Make sure you only send DMs to users with the Moderator tag from this group. Be aware of scammers.

Frax Finance

05 Mar 2025 12:33

Read the information, you need to verify a phone number to your account to write in the channel as well.

Frax Finance

05 Mar 2025 12:32

Creating tickets for support is not role blocked.

Frax Finance

05 Mar 2025 12:31

How can I create a ticket then?????

Frax Finance

05 Mar 2025 12:17

I tried it many times

Frax Finance

05 Mar 2025 12:05

Vigorously developing lend business is also an important profit and cash flow pillar for the central bank. Especially when the interest rate of US Treasuries is lowered, the income of stablecoin will decline accordingly, and the supply of stablecoin will decline with lower profits. At present, fraxlend seems to be ignored as a pillar business

Frax Finance

05 Mar 2025 07:26

I crossed over halfway and got stuck with a stroke. I don't know what to do now

Frax Finance

05 Mar 2025 07:24

I assume a lot of the frxUSD yield will go towards incentivizing on-chain frxUSD liquidity.

Frax Finance

05 Mar 2025 07:21

So sfrxUSD will hold assets with a bit of risk (sUSDe, USCC, etc) which means users might take a haircut, what's the gameplan for tracking the asset values of those and socializing those losses immediately. Is the MinterRedeemer contract going to have to be updates so every mint-redeem looks at the oracle values of the underlying assets? Also will there be a tfrxUSD that yields the t-bill rate for people to hold?

Frax Finance

05 Mar 2025 07:10

I don't know I'm getting it correctly. Suppose we have issued 100 frxUSD, and only 40 put into sfrxUSD, will there be an amplification of yield?