Frax Finance

01 Apr 2025 16:55

@samkazemian Have you read any good books recently that you would recommend? Particularly anything related to Blockchain or economics?

Frax Finance

01 Apr 2025 13:43

Perhaps this will give the outside world a significant impact on the valuation of stablecoin, as the largest compliant stablecoin in the United States

Frax Finance

01 Apr 2025 13:33

tether had 13B profit in 2024. what's their valuation?

Frax Finance

01 Apr 2025 13:30

they should wait until next year when stablecoins are legal tender

Frax Finance

01 Apr 2025 11:05

Hello ser. We are not interested in listing, OTC, liquidity or marketing services. You are free to list and market us for free if you want to as we are a decentralized project, so you do not need our permission.

Frax Finance

01 Apr 2025 11:00

Hi there’s some things to discuss before listing such as free services we offered and requirements 😊

Frax Finance

01 Apr 2025 10:04

🇺🇸 US Stablecoin Legislation: GENIUS vs STABLE – Which Law Will Rule the Market?

Two major stablecoin bills are competing in the US Congress, the GENIUS Act and the STABLE Act, and are expected to be enacted this year. While both aim to institutionalize stablecoin issuance and provide regulatory clarity, there are notable differences in the specifics.

🏛 Differences in key bills: GENIUS Act vs STABLE Act

- GENIUS allows issuance of interest-bearing, algorithmic stablecoins, STABLE prohibits it

🪙 Hidden intentions of STABLE Act

- The ‘No Interest’ regulation is intended to avoid SEC jurisdiction by making it clear that it is not a security in the law
- Interest-bearing stablecoins can be considered a threat to financial stability

Therefore, by designing it to prevent interest payments themselves, SEC jurisdiction is avoided and the banking system is protected

ℹ️ Beneficiaries and threatened entities if STABLE Act is passed

✔️ Beneficiaries: Big Tech, banks, Circle, Paxos

- Big Tech and banks -> Can issue their own stablecoins
- US-based issuers such as Circle and Paxos - Increased credibility by entering the institutional system

❌ Threatened entities: Frax, DAI, Ondo, Usual, etc.

- Interest-bearing, algorithmic stablecoins may be illegal in the US
- DAI, Ondo, Usual, etc. are currently Conditionally, there is a risk of being kicked out of the US market

🇺🇸 Not just a US issue

- US = Rule maker of global finance -> Stablecoin regulation could soon become a global standard

✍️Conclusion: In the end, it's a choice between innovation vs. stability, but in the big picture, it's inevitable that stablecoins will become mainstream infrastructure

Source: Leviathan News

Frax Finance

01 Apr 2025 09:18

hi Who is the right person I can discuss to a listing invitation with?thanks 😊

Frax Finance

01 Apr 2025 08:17

https://x.com/dTRINITY_DeFi/status/1906953133449748965

Frax Finance

01 Apr 2025 06:56

Nothing needs to be done. It will just convert to frxUSD/frxETH pool in the AMM since frxETH will be in the same token address and an ERC20 token no longer needing to be 'wrapped.'

Frax Finance

01 Apr 2025 06:23

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.

Frax Finance

01 Apr 2025 01:34

All there except FRAX / sfrxUSD

Frax Finance

01 Apr 2025 01:08

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.

🧠 Powered by AIDEN

Frax Finance

31 Mar 2025 18:32

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

Frax Finance

31 Mar 2025 18:08

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.

Frax Finance

01 Apr 2025 13:44

Perhaps companies that can clearly calculate profits are not valued too highly😂

Frax Finance

01 Apr 2025 13:38

I would say that's a low valuation and I'd scoop it up. They had like $2B in revenue last year and I can't imagine they have high operating expenses.

Frax Finance

01 Apr 2025 13:32

also valuations are just guesses as to what demand will be. macro market forces play a big part. they are low-balling themselves as part of a rush to ipo is my guess

Frax Finance

01 Apr 2025 13:23

usdc's TVL50 billion and the ipo valuation is only about 5 billion, how to look at this problem, is the valuation of stablecoins so low?

Frax Finance

01 Apr 2025 11:01

hey, i'm nancy. may i know who should i contact for cooperation?

Frax Finance

01 Apr 2025 10:55

You're to free list our token, you don't need any permission.

Frax Finance

01 Apr 2025 10:03

Regarding cards, @samkazemian I think you mentioned you are working with a frax solution. In case it helps, check this one backed by ycombinator https://cypherhq.io/card/#plans

Frax Finance

01 Apr 2025 08:23

any update on getting on berachain?

Frax Finance

01 Apr 2025 06:57

If it was the raw frxETH gas token, you'd have to do something, but not for the ERC20 version, you're fine.

Frax Finance

01 Apr 2025 06:55

Anything we need to do if wfrxETH is in a pool ?

Example, frxUSD/wfrxETH pool.

Would incentives stop for that pool?

Frax Finance

01 Apr 2025 06:09

When will wfrxETH cease to exist? Is there any risk to holding it on fraxtal?

Frax Finance

01 Apr 2025 01:34

https://x.com/Piotr_Saczuk/status/1906659589656895717

Frax Finance

01 Apr 2025 01:08

/ai In one sentence, tell me about Frax Finance

Frax Finance

31 Mar 2025 18:17

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

Frax Finance

31 Mar 2025 18:07

thanks, i remember somewhere you mentioned it used/required uni licence so I prob misunderstood -and took it it used hooks somewhere within fraxswap