@Phoenixx_xyz@ethena $FRAX is not algorithmic anymore - $frxUSD is fully-collaterized and backed by cash-equivalent reserves (BUIDL, USTB, etc, by Blackrock, Superstate, WisdomTree, among others). Please DYOR ๐
@OuroborosCap8 Great to see you typing about #frax again! A lot of things have been evolving in the last few months.
Ps: quite miss your newslettet/tg chat
@littleprinceXBT Well done! Despite the 500k, it was a great move from you - if we had a crystal ball to time the local (hopefully local!) tops... looking forward to see your messages again.
@Crypto_McKenna Cool project, thank you for making me aware! What you think of Frax nowadays? I remember you supporting it in 23. $Fxs dropped quite a lot (as everything else), but all new the upgrades seem quite interesting.
@Crypto_McKenna Why care about others? You have been absolutely rocking and I (and others) really appreciate your insights. Keep it up and have a great 2024!