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Thanks always good advice, it’s not my first rodeo 🙂
Читать полностью…NILE on Linea: frxUSD/USDC pool still printing and TVL has ramped up very quick. Maybe we need some more assets paired against frxUSD....
Читать полностью…Sure but I'm saying this formalizes some pairs and also commits to Berachain to do that on a consistent basis assuming other side also does their part.
Читать полностью…Team can already use 80% of the t-bill revenue to do this without a proposal? Was passed in North Star?
Читать полностью…I think that's the type of gov vote and partnership both sides should coordinate on. We distribute tbill yield as bribes through a Tbill AMO, the other side helps kickstart the pair+deploys initial TVL and we flywheel it up with the bribes.
Читать полностью…Nice! Can we use existing FIP to kick-start bribes?
Читать полностью…All right team, Olympus is earning 50%apy on $100M of OHM-USD on Berachain (75% of which is POL) - time to get into the Berachain flywheel game
Читать полностью…I DMed you to ask permission to discuss a couple of Fraxtal network development questions.
Читать полностью…There's a @fraxtalbuilders tg group that others are in but for more direct help+feedback, the team is available and helps builders directly if you have specific technical questions 🙂
Читать полностью…Hey y’all, what do you think we did wrong here with this new frxUSD pool? It’s not getting much TVL even with fixed APYs up to 2.5m https://x.com/bunni_xyz/status/1903117077118062901?s=46&t=QnFCX_RjjBYxRSD9rWxLmA
Читать полностью…super cool! this seems like real and sustainable flywheel. What was bear team reaction?
Читать полностью…Yes, but no POL model since frxUSD is a tbill backed payment stablecoin, so there's no direct POL. What I was proposing to the Bera team was a "Tbill AMO" where frxUSD pools on Bera that grow in size, get the underlying tbill revenue from it as bribes. That can basically bring the risk free rate as a floor of bribes for Berachain and flywheel all the stablecoin liquidity with a base, always sustainable bribe.
For example, let's say that there's a frxUSD-OHM pool and a frxUSD-HONEY pool and combined there's $1B TVL in there. That means around $500m frxUSD is in those pools backed by RWA tbills. We distribute the tbill earnings on that $500m as Bera bribes every epoch so there's always sustainable income to Berachain. $500m frxUSD creates almost $400k of bribes per week for Bera 🤯
frxUSD, sfrxUSD, FXS are all live on Bera natively on frax.com! 💪️️️️️️ we just need to get our communities to organize formally now and get some pools up
Читать полностью…Does anyone remember the name of the site bitboy tweeted about for finding unclaimed drops?
Читать полностью…Is it possible to upgrade the Fraxswap V2 liquidity pool factory to potentially allow for a higher then 1% fee rate on certain pools?
Can the fee rate for existing fraxswap V2 LPs be changed by any means?
There is also a “Frax Forum” group from 2022, made by @ssmccul 😀. Isn’t it an idea to revive that group? It is now muted.
Читать полностью…Hi @bjirke & @samkazemian
I am in the process of migrating some commonly deployed smart contracts onto the Fraxtal Blockchain.
I am curious if there is developer support available for Fractal network specific contract migration.
Is there anyone In particular I should talk to?
Am I earning rewards just by holding frxUSD or I have to staked it ?
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