Discover and read the best of Twitter Threads about #Fraximalist

Most recents (2)

.@fraxfinance just passed a near-unanimous vote to increase CR to 100% over time

Is the algo-stable dream dead?

What’s in store for $FRAX and $FXS long term?

An overview👇 Image
This thread will cover:
1️⃣What Frax’s proposal entails
2️⃣Implications for $FRAX and $FXS
3️⃣My thoughts
If you aren't familiar with $FRAX or how it works, I've linked a good thread by @WinterSoldierxz to get you up to speed:
Read 16 tweets
@fraxfinance @terra_money 4pool. Hot takes from each camp - curve wars over? dai dies? wen 4pool?

I have a unique pov as I'm the intersection of each camp - curve OG, #lunatic, #fraximalist

🔹 overview of 4pool
🔹 $crv wars season 2
🔹 $cvx math games
🔹 4pool endgame

🧵👇
/ overview of 4pool

First, 4pool motivation from @samkazemian, @fraxfinance founder

🔹 $crv vision - 'savings account for defi'
🔹 $cvx role - prof money manager for @CurveFinance
🔹 4pool role - postive sum, not zero sum ethos

/ why 4pool

But it doesn't go into why 4pool?

That is actually a multi-billion dollar question. I foreshadowed $ust $frax partnership and the math behind it.

tldr - 3crv is inefficient to scale because of dai & removing will level playing field.

Read 21 tweets

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