Frax Finance

15 May 2025 13:37

When will the destruction be carried out? At present, many contents of the North Star fork have not been implemented.

Frax Finance

15 May 2025 13:34

Or possibly pass a message through his subordinate if I can't speak to him directly

Frax Finance

15 May 2025 13:33

All gas fees go to these two addresses:
https://fraxscan.com/address/0x4200000000000000000000000000000000000011
https://fraxscan.com/address/0x420000000000000000000000000000000000001A

The burn is currently not implemented and we can still decide what to do with these funds.

Frax Finance

15 May 2025 13:32

We are working hard every day ser to realize our vision and make it come true. More benefits will come as we come closer to towards our goals.

Please keep the price discussion in the trading channel.

Frax Finance

15 May 2025 13:30

There are few benefits for vefxs at present, but they are experiencing price torture

Frax Finance

15 May 2025 13:28

I want to check the gas destruction status after the North Star fork

Frax Finance

15 May 2025 13:27

Is there a specific address for gas fee destruction?

Frax Finance

15 May 2025 13:26

Is there a chart similar to makerdao?

Frax Finance

15 May 2025 13:24

The team has never publicly done work on frxBTC. It remains a discussion and a point the community often brings up. We have no further information regarding it.

Frax Finance

15 May 2025 13:22

Is the EIP-1559 gas destruction of frax enabled? Is there a destroyed address to check the destruction status?

Frax Finance

15 May 2025 13:20

When will the vefxs reward sfrxUSD be launched?

Frax Finance

15 May 2025 12:17

The proposal to invest in WLFI didn't pass, so no

Frax Finance

15 May 2025 11:11

It is correct that it is a L1 with great focus on interoperability. It should not feel any different from a L2. But due to the transition we have been through and the doubling down our thesis and long term goals, Fraxtal will be the underlying infrastructure to build our rails on. It is a L1 to be able to adopt technology to fit our needs and make sure we are prepared to reach our goals.

Frax Finance

15 May 2025 10:30

L2 for now. But will become a L1 soon

Frax Finance

15 May 2025 10:26

Is frax L1 now or L2?

Frax Finance

15 May 2025 13:35

Okay Sir
Thank you for your response.

Frax Finance

15 May 2025 13:34

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

15 May 2025 13:33

Could I get through to the owner of this fine project?

Frax Finance

15 May 2025 13:32

Greetings mates 👋
Pleasure to be here

Frax Finance

15 May 2025 13:29

It is likely low, as the gas fees for Fraxtal is low. However, I will try to find the information for you.

Frax Finance

15 May 2025 13:28

I will ask the team ser. I will update you when I know more.

Frax Finance

15 May 2025 13:26

The team is working on a new dashboard. However it is not highly prioritized at the moment. Expect that this information will be more available and accessible in the future. For now we have no ETA.

Frax Finance

15 May 2025 13:25

Is there a chart showing the overall revenue of the protocol and the gas destruction?

Frax Finance

15 May 2025 13:22

No ETA at the moment ser. You can see this answer: /channel/fraxfinance/405319

Frax Finance

15 May 2025 13:21

Are you implementing frxBTC? Currently, fraxtal is difficult to use without frxBTC

Frax Finance

15 May 2025 12:38

Hey, quick question. Back when FXS was used to mint the FRAX stablecoin, a big chunk of it was either burned or locked, so the actual circulating supply was much lower.

Now that it's rebranded as FRAX and the stablecoin part is gone, aren’t those previously locked FXS basically back in circulation?

It seems like that adds a lot of effective supply. Even if no new tokens are minted, doesn’t that still dilute current holders?

Just trying to understand how this is being handled under the new setup. Thanks.

Frax Finance

15 May 2025 11:45

Did FRAXPI invest 10 million dollars in WLPI? If anyone knows, please answer.

Frax Finance

15 May 2025 10:56

Frax is an L1 since the north star hard fork

Frax Finance

15 May 2025 10:28

What is the state of decentralization of Frax?

Frax Finance

15 May 2025 09:55

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.