1/ Frax is proud to announce the:
Build on the Fractal: FRAXTAL HACKATHON
If you've wanted to build on an emerging chain, win 7 figures in prizes, & get long-term direct support from VCs & angels, this is it!
The frxETH v2 thread you've all been waiting for!
Here's how @fraxfinance is building the most unique, versatile, & efficient decentralized LSD protocol possible.
🧵👇
@Davy18933614@wavey0x@fraxfinance Biggest risk currently is that you need to trust the Frax team to run the validators well. This will change to a decentralized setup when the Shanghai update is released.
Loving your LSD Dashboard @DefiLlama! Would it be possible to update the color coding for the ETH peg? A deviation -0.26% (now red) is better than a deviation +1.40% (now green). May I suggest adding blue for deviations less than 1%? Like so:
Velodrome has had an incredible first six months.
But, we think the next six will be even better.
Velodrome 2.0 is coming soon, racers.
Read all about it.
🚴♀️💨✨
https://t.co/8k14VeS1MO
@JackInabinet@traders_insight@fraxfinance@bankless@CoinDesk Already did, but that’s besides the point. Just presented arguments for why your reasoning is flawed. Concluding that this bill will cause a Luna-style bankrun is recycled clickbait, not research.