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Vincent Profile picture
Vincent
@yuenmun
No funding, no experience. Just building and sharing my painful web3 learning journey | Bootstrapping @Orchid_Exchange (no VC, no pre-sale) 🇸🇬
Apr 28, 2022 • 9 tweets • 3 min read
What is $FRAX by @fraxfinance

How does $FRAX helps $UST & $ LUNA with Curve 4Pool?

A Thread🧵

Non-financial advice and based on my own interpretation Frax is a partially collateralized, partially algo stablecoins. It has features from both USDT/USDC and UST.
The majority of us still prefer stablecoins backed by “hard” assets hence the 4Pool provides access for UST to swap against, especially during the UST contraction period.
Oct 22, 2021 • 14 tweets • 9 min read
1. Thread

Soon we will be able to collateralize $aUST to borrow $MIM on @MIM_Spell. Will this rekt @anchor_protocol yield/inflate $LUNA?

Thanks to @Route2FI & @danielesesta who first shared this upcoming alpha Image 2.
Probably nothing
This is #NFA. What you read below may or may not be accurate as I am a noob. But I tried to learn more out of curiosity. As usual #DYOR Image