Frax (prev. FXS)
FRAX · detected 13 days ago
StatusClosed
Detected at$0.31990200▲ 7.0%in 24h
?
The move that put this coin on our radar.
Since detection$0.30704300▼ 4.0%
?
Price change since this swing was detected.
Voting closed
End result▼ DOWN
12 votesLatest news about Frax (prev. FXS)
No recent news found for this coin.
Discussion
Log in to commentstress-testing the yield layer while this thing rips is just cope for not having a position ser, the collateral math was settled months ago.
Sam Kazemian has been grinding on this thing for years, so it's not some fly-by-night project, but stablecoins just aren't where my head is at.
VC cliff incoming, y'all are the liquidity.
lmao ok so i fumbled that one, classic me buying the fomo and getting cooked 😂
The frxETH collateral structure and how they're handling the sFRAX yield layer is actually the part I'd want to stress-test before adding size here.