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The official Telegram group for Frax. https://frax.finance/ codebase: https://github.com/fraxfinance twitter: https://twitter.com/fraxfinance news: @fraxfinancenews trading: @fraxtrading
Is the fxb locker still paying rewards? It shows my lock as expired, but also a current APR.
Also, how do you withdraw? I see a withdraw function on the contract, but having trouble with the UI
Would it be possible to remove the gOHM market from Fraxlend or at least have it not show up when sorting by Lend APY?
Since you can't even lend in that market, I thought it would be better to remove it so no one else makes the same mistake I did? 😅
As someone who also has FXB2027, I went in with the understanding of:
1. There is a good chance that you will have oversized returns for FRAX (fka FXS) rewards
2. When the vault expires, I will probably have to wait till the bond is redeemable for the underlying.
I did not read anything or have any expectations that there would be liquidity provided by the Frax team so that I could exit the position early.
If expectations were given to you, or, if they were in the docs and I missed it..well that is possible. But, as someone else in your position, I see 3 options:
1. Frax seeds liquidity > As a veFRAX holder, I dont see why the Frax balance sheet should take on FXB2027, ie, seed liquidity, since it can do better with frxUSD.
2. Frax can incentivize the pool with Curve votes or Frax emissions: As a veFRAX holder, there are better pools that are more beneficial to the Frax ecossytem which could be voted for over the FXB2027 pool.
3. The users who have gotten excellent risk/reward for the FXB2027 wait till it is redeemed. > As an FXB2027 holder, I want #1 or #2 so that I can exit. As a veFRAX holder, I wouldnt vote for #1 or #2 since I dont see a business case as to why the Frax team should use their balance sheet or votes to benefit FXB2027 holders.
All of that being said, a good potential next step is it make a business case as to why Frax should add POL, or add Curve gauge votes to for the FXB2027 pool. This might be a better strategy than saying what your expectations of the Frax team are.
For example: Why would seeding liquidity for FXB2027 or, using Curve gauge votes for FXB2027 pool be more beneficial than doing that with the FXB2055 pool or the frxUSD/PYUSD pool as examples.
What bonus do you mean? veFXS and veFRAX have the same benefits from the frax protocol. If you are already staking FXS for veFXS you'll still be earning rewards just as when you are staking FRAX (formerly FXS) for veFRAX.
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FXB20271231 has been unlocked after July 7, 2025, and there will be no APR rewards. All other FXBs have official initial liquidity. It is the responsibility of the bond creator to provide a certain amount of initial liquidity. This is crucial to maintaining the credibility of the bond.
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Good Morning Bjirke I have send you a reply to the support ticket on discord, thanks
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there's already a curve pool https://www.curve.finance/dex/fraxtal/pools/factory-stable-ng-33/deposit/ so all that's missing is liquidity. why not provide some yourself? be the exit liquidity you want to see in the world.
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You can dm me if there is anything you wish to discuss privately
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There was a proposal which you can see here
https://gov.frax.finance/t/fip-428-frax-north-star-proposal-v2-0/3652/17
No, you can't migrate or transfer your veFXS. You'll need to wait for the lockup period to be over before migrating your FXS to FRAX and then stake for veFRAX
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Hi guys I had some questions if it’s possible for one of you guys to answer
1. I want to know how APY comes? How does Frax pay back and initially when it was for example 500%. How was this possible?
2. How is Frax profitable? I know there’s a lending mechanism like a bank, are there other ways it makes profit?
3. Is there any risk about the Fpis move? Why was this done?
4. Is fraxtal points coming? Am I able to redeem this for $?
5. How come Frax date ideas are pushed back often? Like for example the fraxtal to token conversion was aimed at an earlier date but still no word. I also feel like it’s other things too, why does it take time?
6. After the genius bill passed? How come frax went down in price?
Every fintech company will eventually have their own chain. It’s their own ledger
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Hello ser. The simple and known roadmap in no specific order is currently launch FraxNet, launch frxBTC, upgrade and hardfork Fraxtal, launch the FloxPoints convertion with floxCAP.
The current growth strategy revolves around frxUSD and FraxNet. We are working with institutions and big companies to upgrade to blockchain infrastructure. It is important to know that we are just getting started, and the GENIUS Act has not been signed into law yet. We are getting a lot of interest and is doing a lot of conversations these days. As to regards to how far the projects is expected to go we can not comment. We do not know the future, nor do we speculate. However, we build a little bit more everyday.
For those that have Open - remember to vote: https://app.reserve.org/ethereum/index-dtf/0x323c03c48660fe31186fa82c289b0766d331ce21/governance/proposal/64626357794545431673488307494321271916170526436391766920057475631344758941154
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I can’t withdraw from Fxb timed locker due to error
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I'm really interested in the roadmap but how much audience is being targeted and how far is the project expected to go??
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The issuer of the bond, or the creator, is usually responsible for providing initial liquidity.
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1. The current APY come from revenue, however most revenue is used to fully collateralize Legacy Frax USD. In the early days there was high APYs because we used emissions to grow. That is normal for new projects, however now we more sustainably use revenue + with a new proposal some emissions to fund new growth.
2. All of our products help bring in revenue. Expect a dashboard in the future to explain this. We also own some liquidity which we use to farm. But simply, it comes from many sources.
3. It was done to simplify our ecosystem and gather around one token. There was no risk regarding it.
4. FXTL points are live, and you get money from using Fraxtal or holding specific assets/pairs. The conversion of FXTL points start in the near future once the audits are ready.
5. That is usually due to security. We rather wait a few days extra to be sure everything is checked off, than to release early. Our track record prove that. In some situations like with FXTL points we have to create a new solution based on governance, which takes time. We now never give dates, but you sometimes can get a loose estimate.
6. We do not know ser, nor do we discuss price in this group. Frax does not control the market, nor do we want to. If you want to discuss it more please join the trading chat: /channel/fraxtrading
FXB20271231 is unlocked, but FRAX and CRV official websites are not currently available for trading. Will the project team add a pool to provide liquidity for FXB20271231 in the next epoch, which is July 10 or July 17?
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Thank you. Could you please let me know the official email address I can use to communicate about this?
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Hello team,
Where can I find the official announcement regarding the rebranding from FXS to FRAX?
Also, please let me know the official email address I can use to communicate regarding this matter.
Can the previous mainnet veFXS be migrated and replaced with 90-day pledged veFrax?
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My understanding is that they are setting up an ETH L2 which will have chain level features that box tick regulatory issues. Not sure you could settle a tokenised equity without linking to a stable on the same tech stack. Anything FRAX issues on an ETH token standard should in theory be compatiable.
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