Gravita Adds sfrxETH Interview with Rhett Shipp
DO YOU EVEN LIFT - Frax's Barbell Strategy
Balancer pools at risk!
Thor on FXB's
Jon on Convex price
Where to Find Single Sided FXS Yield
Watch our Inteview with Jae from IQ Times
Groom Lake Interview Incoming
Sam Kazemian Q&A
FraxLend and Permissionless Pools:
Q: Any update on enabling permissionless pools for FraxLend?
A: We need reliable oracles for permissionless pools to work effectively. Deployers must be highly knowledgeable to set them up. It's important to clarify that Fraxlend isn't accountable for "bad debt" due to the way fTokens work. We believe BAMM is a better solution for long-tail assets as it doesn't require oracles and can't accumulate bad debt.
BAMM, FraxSwap, and FXBs:
Q: Will BAMM be a part of frax swap or is it a new product/dex?
A: BAMM will be integrated into a new version of Fraxswap with an entirely new architecture. It's akin to an upgrade from Uniswap v2 to v3.
Q: How does BAMM influence fxbs? Can they be swapped there? How does it affect fxbs in terms of liquidation mechanics?
A: FXBs can operate on both Fraxlend pairs and BAMM. We've devised a method for FXB to function on both BAMM and Fraxlend without the need for third-party oracles.
Q: I believe many want an efficient TWAP mechanism like TWAMM but might not trust it, especially for large transactions. How does it work for pairs that might not have significant reserves?
A: For large trades and shorter TWAMM durations, the pair should have significant depth. However, the existing pairs on Fraxswap, especially the FRAX-FXS pair, are suitable for TWAMMs.
Oracles and Stability:
Q: Can the oracle for crvusd be disabled or is it immutable?
A: Every stablecoin has mutable oracles and conditions. Believing a stablecoin is as immutable as assets like ETH or BTC is a misconception.
Q: Any updates on the sfrxeth oracle after the previous discussions?
A: We've developed our own oracle for sfrxETH aside from Chainlink. It's available in our docs for anyone wishing to integrate.
Curve's v3, Emissions, and Frax Strategy:
Q: With Curve's v3 and crv emissions decreasing, will Frax pay more for emissions to get votes for its pools?
A: Paying more in bribes than what's received in emissions doesn't make sense. Expansion of CRV and CVX prices will provide more incentives. As RWAs come online, Frax will have a larger budget for Curve incentives, likely boosting CRV and CVX prices.
Frax v3, KYC, and Real World Assets (RWA):
Q: Will Frax v3 require KYC?
A: No need for on-chain KYC. Regulatory procedures are handled by off-chain custodians.
Q: Some protocols with Real World Assets (RWA) require KYC.
A: FXBs don't provide off-chain assets or a right to redeem for fiat. They only assure conversion to one FRAX stablecoin at maturity. No KYC needed.
Frax Bonds and Staking:
Q: FXBs seem to have a time limit. Are there plans for FXB funds that auto-renew the bonds?
A: FXBs don't offer rights to off-chain assets. They convert into FRAX at maturity and have specific maturity dates.
Q: Can we stake frax in v3 to earn yield similar to staking Dai?
A: FXBs are like Maker's DSR. They're versatile, with potential options for short-term yields.
Q: How does one redeem frax from an FXB token?
A: The contract that creates FXBs also facilitates their redemption once the maturity timestamp is reached.