The official Telegram group for Frax. https://frax.finance/ codebase: https://github.com/fraxfinance twitter: https://twitter.com/fraxfinance news: @fraxfinancenews trading: @fraxtrading
It will never cease to exist and there's no risk to holding it on Fraxtal. It will just become frxETH (ERC20 token) when North Star happens close to the end of April. FXS will just become the gas token. You can look at the NS governance vote for examples of how it will work. Very simple logic. FXS ERC20 becomes gas and renamed to simply Frax. frxETH and wfrxETH just become a single ERC20 balance in your wallet.
Читать полностью…Frax Finance is a decentralized, open-source stablecoin protocol that combines algorithmic and collateralized elements to maintain the stability of its stablecoin, FRAX, while using the Frax Share token (FXS) for governance and capturing value within the system. Read more about Frax Finance here.
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Didn't it kind of already go IPO when it released FXS?
The estimates I've seen for Circle's market cap is $4-$5 billion
I said BAMM uses the Uni license that others can't fork it for a period of 2 years without our permission. I didn't say it uses the Uni codebase. I see how that's confusing haha but yes, it's an independent codebase. The license is the same as Uni v3/4 but the codebase is fresh and from the ground up, there's nothing like it.
Читать полностью…BAMM does not use hooks. It's a completely sovereign and isolated protocol built natively on Fraxswap, which is itself an independent xy=k AMM.
Читать полностью…Trump's family secures the majority stake in World Liberty’s profits, claiming 75% of token sale earnings and $400M in fees, leaving just 5% of the $550M raised for development, according to Reuters estimates - Reuters
Читать полностью…https://x.com/NileExchange/status/1906693579814187503
Читать полностью…FWIW I bridged some FXS last night. It went through layerzero and didn't show up in the history. Not sure if that's the gap, but FYI
Читать полностью…S/O FOR THE SOURCE 🫡
https://x.com/FRAXBELUGA/status/1906592767318577631
How can the team incentivize builders on Fraxtal similar to Sonic?
Читать полностью…Fraxswap does not allow to create a pair Eth / Fxs on the Eth network
Читать полностью…When will wfrxETH cease to exist? Is there any risk to holding it on fraxtal?
Читать полностью…https://x.com/Piotr_Saczuk/status/1906659589656895717
Читать полностью…thats just me assuming too many things and putting together fragments of info from here and there - thanks for replying/clarifying so fast I was not expecting it hehe
Читать полностью…thanks, i remember somewhere you mentioned it used/required uni licence so I prob misunderstood -and took it it used hooks somewhere within fraxswap
Читать полностью…have bit of technical question for whoever is in the mood for a long answer haha(i havent read musc on hooks) but saw a protocol got exploited from the use of transient memory used in hooks, remember bamm utilising hooks - havent heard seen much coverage so assume it was an isolated exploit ?
Читать полностью…Looking forward to hearing the same good news from frxUSD
Читать полностью…https://x.com/Cointelegraph/status/1906712479561830558?t=K6mrUY4fOHL-U9WpAe5XeQ&s=35
Читать полностью…Missing a lot of entries and the sorting algo seems to be kind of buggy.
Читать полностью…https://docs.frax.finance/smart-contracts/all-contract-addresses
Читать полностью…https://docs.frax.com/fraxtal/fraxtal-incentives/fraxtal-blockspace-incentives/overview
Читать полностью…It's based on utilization rate of the BAMM pair, clearly people are using it since it's that high. The APY is meant to incentivize users to repay their loans or get people to LP that BAMM pair for the APY. Whichever comes first.
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