Sept. 7, 2022: Awesome to the Frax πποΈ
Fraxlend launches as #Frax Base[d]Pool Flippens #3CRV
curve.substack.com/p/sept-7-2022-β¦
π§΅1/8π
Fraxlend launches as #Frax Base[d]Pool Flippens #3CRV
curve.substack.com/p/sept-7-2022-β¦
π§΅1/8π
π§΅2/8
Frax is sprinting into the Merge, with a flurry of activity in the final week.
Frax debuted its much anticipated Fraxlend (app.frax.finance/fraxlend/availβ¦), bringing a robust DeFi ecosystem under one roof.
Frax is sprinting into the Merge, with a flurry of activity in the final week.
Frax debuted its much anticipated Fraxlend (app.frax.finance/fraxlend/availβ¦), bringing a robust DeFi ecosystem under one roof.
https://twitter.com/0xCha0s/status/1567276720687878145
π§΅3/8
Fraxlend launches with WBTC and WETH, the other two assets described by @samkazemian as "trillion dollar narratives":
They have plans to onboard far more assets, including Curve LP positions.
Fraxlend launches with WBTC and WETH, the other two assets described by @samkazemian as "trillion dollar narratives":
https://twitter.com/rektdiomedes/status/1567248750229217282
They have plans to onboard far more assets, including Curve LP positions.
https://twitter.com/CryptoGrills/status/1567253514094608384
π§΅4/8
The Frax-USDC 2pool also flippened 3CRV in the battle of the basepools this week.
In fact, Frax is dominant on Curve, sitting in 3 of the top 5 pools by TVL.
The many pairings launched against this new base pair are bearing fruit:
The Frax-USDC 2pool also flippened 3CRV in the battle of the basepools this week.
In fact, Frax is dominant on Curve, sitting in 3 of the top 5 pools by TVL.
The many pairings launched against this new base pair are bearing fruit:
https://twitter.com/Franknstein1196/status/1566116982675701760
π§΅5/8
Is this bad news for @CurveFinance? Not necessarily.
If public strategizing is to be believed, Frax is laying plans for positive-sum games following the impending launch of $crvUSD.
Is this bad news for @CurveFinance? Not necessarily.
If public strategizing is to be believed, Frax is laying plans for positive-sum games following the impending launch of $crvUSD.
https://twitter.com/DeFiDave22/status/1565558283506679811
π§΅6/8
Votium birbs are evolving as well. Week 26 saw rewards sent to the long tail of new Frax pools, denominated in cvxCRV:
Frax is also enjoying deeper integration into @ConvexFinance and @0xconcentrator:
Votium birbs are evolving as well. Week 26 saw rewards sent to the long tail of new Frax pools, denominated in cvxCRV:
https://twitter.com/goon_crypto/status/1566398921098018816
Frax is also enjoying deeper integration into @ConvexFinance and @0xconcentrator:
https://twitter.com/ConvexFinance/status/1564630772761460737
https://twitter.com/0xconcentrator/status/1567201676007981059
π§΅7/8
Is this good for $FXS? We don't know, because we never offer financial advice or price analysis.
Frax shipping feels great for fundamentals, which don't seem to matter in #crypto.
@0xAlunara's First Lawβ’οΈ:
"Degens have a 1 week time horizon max."
Is this good for $FXS? We don't know, because we never offer financial advice or price analysis.
Frax shipping feels great for fundamentals, which don't seem to matter in #crypto.
@0xAlunara's First Lawβ’οΈ:
"Degens have a 1 week time horizon max."
https://twitter.com/0xAlunara/status/1566697601180786688
π§΅8/8
For more, we highly recommend the @flywheelpod celebrating these events:
Feel free to like, share, and retweet this thread, as we've successfully escaped from shadowban purgatory.
Like and share the article too! curve.substack.com/p/sept-7-2022-β¦
For more, we highly recommend the @flywheelpod celebrating these events:
https://twitter.com/flywheelpod/status/1567293007698825216
Feel free to like, share, and retweet this thread, as we've successfully escaped from shadowban purgatory.
Like and share the article too! curve.substack.com/p/sept-7-2022-β¦
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