Discover and read the best of Twitter Threads about #fraximalists
Most recents (2)
1/ How do you build resilience as a stablecoin protocol?
Peg stability, sound monetary policy, and ample liquidity.
What if you could algorithmically program these characteristics AND survive a $900M supply shock?
@fraxfinance did. Here’s how ⬇️
Peg stability, sound monetary policy, and ample liquidity.
What if you could algorithmically program these characteristics AND survive a $900M supply shock?
@fraxfinance did. Here’s how ⬇️
2/ To understand the intricacies of @fraxfinance’s monetary policy, we must first understand the basics of $FRAX as a stablecoin.
3/ $FRAX is a fractional algorithmic stablecoin pegged to USD. It is minted/redeemed through a combination of $USDC and $FXS, @fraxfinance’s governance token.
@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
🧵👇
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
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.
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.
