It is time for $RWA
Chart: https://t.co/fiM3UAZbEH
Contract Address: 0xc84c0f36e42D0100c6FF5e1D04e2978f0A5B63Cf
LP Burn TX: https://t.co/WBAH6gXvSW
Airdrop claims will go live in ~2 hours https://t.co/sik51YFbti
Vitalik seems out of his realm of expertise when it comes to DeFi/stablecoins these days, making basic mistakes using old, tired assumptions. Good example👇
DeFi knows to stay in its lane when it comes to zk, consensus, & low level engineering. We know where our expertise ends.
Fraxlend is just awesome. It's one of the most profitable lending platforms for lenders. The system is designed so that the borrower first goes to pay off their debt in Fraxlend because the interest rate grows very quickly. Over the last month, I've observed incredibly high APYs.
Meet @samkazemian on stage next month.
Sam is the Founder and CEO of @fraxfinance, a self-sufficient DeFi ecosystem that issues innovative, decentralised stablecoins and contains subprotocols to support them.
Catch him at #TOKEN2049 Singapore.
If DeFi didn't exist $ETH would be like $400. DeFi adds the most mcap & utility to the ETH asset by far, not the reverse.
It's not a coincidence ETH sentiment is not great exactly when DeFi's being slept on. The only road to ETH ATH is through DeFi, time for people to wake up.
Seems kind of crazy $FXS @fraxfinance only trading at 172M FDV, given they have
FRAX - 649M
frxETH - 468M
fraxlend - 124M
fraxtal - 98M and growing fast
Just a reminder to join the @fraxfinance discord if you haven’t yet. There are special roles for vefxs holders and the community is becoming more active. You can check the roadmap or catch up on the latest governance proposals. Come join us!
https://t.co/v8nxMNhfVV
Finally someone said it, thank god.
When we launched Fraxtal & everyone asked us “is this a universal rollup or defi focused chain?” I always said “those are the exact same thing. You can’t have a general purpose chain without DeFi first.”
Excited to announce that @fraxfinance is joining Superhack as Fraxdal ⚫️
Build on top of Fraxtal with its exciting blockspace incentives and Fractal scaling roadmap and get rewarded!
Apply to build at Superhack: https://t.co/f9CdWSFxEm
If you're wondering why Fraxlend is the most gas efficient lending market ever made, it's because Drake is one of the most meticulous engineers I've ever worked with, now he's doing it again with @AgoraDollar. Most gas-efficient ERC20 stablecoin ever created 👇
I am thrilled to announce that my proposal has just passed, and I am honored to step into the role of Head of Community Development @fraxfinance . This role is a great responsibility and privilege, and I am committed to working tirelessly to grow and strengthen our incredible community.
Making it my mission to improve communication between the protocol and the community, I will focus on expanding all our social channels to ensure everyone stays informed and engaged. Your support and trust mean the world to me, and I promise to do everything in my power to make our community even better.
Thank you to everyone who supported me and made this opportunity possible. Let’s get to work!
Congrats to the 12 Fraxtal chain builders who were rewarded 1.1M $OP for their impact! Excited to see what you continue to build across the Superchain. 🚀
🚀 Frax Weekly Governance Rollup 🚀
Week of July 8th
🗳️ Proposals Passed:
[FIP 369] Authorize Fraxlend AMO for new pair on Fraxtal (FXS/FRAX)
- [Proposal Link](https://t.co/mI4LoNkLZh)
- Outcome: Passed
- Votes: 30M For / 0 Against
[FIP 370] Authorize Fraxlend AMO for new pair on Fraxtal (sfrxETH/FRAX)
- [Proposal Link](https://t.co/zJ944gGeOD)
- Outcome: Passed
- Votes: 30M For / 0 Against
[FIP 371] Authorize Fraxlend AMO for new pair on Fraxtal (FXB20241231/FRAX)
- [Proposal Link](https://t.co/p3MAUgmrjT)
- Outcome: Passed
- Votes: 30M For / 122 Against
[FIP 372] Authorize Fraxlend AMO for new pair on Fraxtal (FXB20261231/FRAX)
- [Proposal Link](https://t.co/znCUagDDs8)
- Outcome: Passed
- Votes: 30M For / 0 Against
[FIP 373] Allocate 260k FRAX as initial liquidity for Octopool (Symbiosis cross-chain pool) #2
- [Proposal Link](https://t.co/RvtoiQSEt7)
- Outcome: Passed
- Votes: 30M For / 428 Against
🗳️ Proposals in Voting:
[FIP 374] Authorize Fraxlend AMO for a new pair (wBTC/FRAX)
- [Proposal Link](https://t.co/KjftMBEDzE)
[FIP 375] Create a new Fraxlend pair (WETH/FRAX) on Ethereum Mainnet
- [Proposal Link](https://t.co/D4et4v7wa6)
[FIP 376] Enhancing Security and Trust with ChainPatrol
- [Proposal Link](https://t.co/VI6vVTX47g)
[FIP 377] Change veFXS Reward Distribution Token
- [Proposal Link](https://t.co/LvlZykMFrG)
@fraxfinance