$FXS Fraxchain aridrop/points system 🪂
WOAH WOAH HOW DID THIS SLIP THE RADAR 🤯
"There will be a unique Fraxchain airdrop/points system tied to FXS+something new that we aren't announcing until the new year" -
@samkazemian
@fraxfinance
$FXS TO $100 2024 🚀
The amount of Alpha & Bull Energy In the
@fraxfinance
chat is beautiful. Each & every person/gigabrain/degen should be checking in daily
Also peeping
@FlywheelDeFi
for everything Frax & DeFi Related 😉
FRAXCHAIN ⛓️
@fraxfinance
has been and always will be positive sum 💪😎🤝😎🤳
"We’ve always been positive sum. The goal is to make building on Fraxchain the most profitable and useful for projects among the major rollups. 💪"️️️️
⛓️ FRAXCHAIN NEWS ⛓️
The core team mentioned that "this yield thing" isn't even in the top 3 most exciting/unique things about
#Fraxchain
👀
@fraxfinance
out here revolutionizing what it means to be an L2 w/ Fraxchain 🦅
FRAXCHAIN TESTNET LIVE ⛓️
Steady 43.23K Daily Transactions 📈
Faximalists across the chain are gathering near and far to play around with the testnet 🦾
Keep your eyes locked in on
@fraxfinance
maybe the next casual tg message will be the official launch of Fraxchain 👀
Been seeing these on my TL for the past month or so and it truly amazes me that out of all the projects talking about “impact” and “ReFi”
HarryPotterObamaSonic10Inu is honestly the only project I’ve seen actually do something to bring an impact
Big respect 🫡
As Benjamin Franklin said, “When the well’s dry, we know the worth of water.” But for the Igbo Ile people, the well has never been consistently abundant with this nature’s gift.
I’m really elated to be the avenue responsible for removing water from the worries of their mind,
Been thinking a lot about how
@fraxfinance
&
@aladdindao
are both two prime examples of "fuck it we'll build it ourselves" ⚙️
Both respectfully creating and expanding upon their own perfect flywheels 🤌
All Roads Lead To
@fraxfinance
🚏
Frax is truly building an empire for the future 🏛️
I think we can all agree that "[Frax] is the most long-term oriented team"
Prepare yourselves, Valhalla Awaits 🌅
So bullish $fxs
$frax CR 97.5% .. 💯 soon then 🚀
#fraxtal
general availability soon
$frxEth demand about to 📈 as main gas for l2
More $fxs locking for $fxtl points removing supply
… and
@samkazemian
has abs $rwa
@fraxfinance
The happiness in this video is indescribable.
we never felt a single bad emotion today, our heartfelt gratitude goes to the entire HPOS10I Community and others communities that supported, this wouldn't be possible without you guys.
With unlimited joy in my heart, I declare the
Frax chain is being designed by the same people (
@fraxfinance
) who invented several novel defi primitives and won the curve wars
Whatever it’s for, It will work, get huge, and be in a league of its own when it comes to incentive design
Frax chain is being designed by the same people (
@fraxfinance
) who invented several novel defi primitives and won the curve wars
Whatever it’s for, It will work, get huge, and be in a league of its own when it comes to incentive design
2 new harvesters added to $aCRV compounder 🔥
FRAX+sDAI
FRAX+PYUSD
Expect double digit yields once rewards kick in at midnight UTC 🚀
What's your flavour,
@fraxfinance
,
@MakerDAO
or
@PayPal
&
@Paxos
?
Deposit your
@CurveFinance
lp here 👇
This has to be the most bullish I’ve ever been 🥵
Fraxtal, $fxUSD, frxETH v2, BAMM,
@protocol_fx
&
@fraxfinance
are truly setting the stage for the bulla
Also can’t forget
@ConvexFinance
’s special place between all of this + more 👀
Frax Singularity Proposal is finally up for voting.
In 5 days it will pass and with that the annual $40M+ of revenue the protocol makes will finally get distributed to $FXS holders again.
Expect some serious buy pressure once the switch gets flipped.🌚
In exactly 24 hours from now the official March 6th snapshot will be taken for $FXTL points based on veFXS balances of stakers on Ethereum mainnet! $FXTL balances will be viewable on Fraxtal on the same address that staked veFXS. Partner protocols such as
@ConvexFinance
,
2 MORE DAYS TILL $FXS HALVENING!!!!
I don’t think anybody is ready 😳
Halvening -> FraxChain -> BAMM -> frxETH v2 -> FraxBonds + more 👀
Brick by brick
@fraxfinance
is laying out the path for the Empire to thrive 🏛️
𝘀𝗙𝗥𝗔𝗫 𝗬𝗶𝗲𝗹𝗱 𝗨𝗽𝗱𝗮𝘁𝗲 💸
Smart money is taking advantage of the best-in-class stablecoin yield offered by
@fraxfinance
, almost 2x the competition.
While the average $sFRAX holder has $200k, the median holder has $1k. The best yield makes sense for any investor.
The $fxs fee share passed and looks like it will start this Wednesday. Congrats to
@fraxfinance
for pushing through and getting $frax CR to 💯 so that it could happen.
We will start seeing a slew of catalysts for the frax economy including veFXS on
#fraxtal
and more in the near
.
@fraxfinance
Bulla post 📈
The core team is leading the way when it comes to setting the stones for the bull
1. Fraxchain 2. BAMM 3. $frxETH v2 4. Everything that comes with Fraxchain 5. It's all Positive-Sum ✅
Learn more about BAMM in
@FlywheelDeFi
's recent post + report 👇
BAMM BAMM BAMM: A Revolutionary DeFi Primitive 💥
BAMM (or Borrow AMM) which is being built by the
@fraxfinance
Core Team will allow users to use leverage on any token without the need of oracles, adding the ability to borrow from an LP pool safely 🥽
Let's Have A Look 👀
544% APR on FRAX-USDC 🚀
We've been covering all the yields for Frax during the
@arbitrum
's STIP & this week
@RamsesExchange
was at the top of our list
@FlywheelDeFi
for the highest APR 📈
There's actually no limit to
@protocol_fx
&
@aladdindao
such a sophisticated team, an incredible community, & overall revolutionary hub for DeFi innovation. Huge shoutout and hats off for what they've made & for what's to come 👀
Last & most importantly, there will be a large airdrop of $FXTL points to veFXS stakers based on veFXS balance on March 6th, 2024 11:59pm UTC. The week after this airdrop on March 13th, the Flox mechanism will go live & the fun really begins. Dapps that have taken the time to
@CurveFinance
pools on Fraxtal have started receiving some juicy 4 digit $FXS incentives ahead of full Convex-Votium system next epoch. Early bird catches the APY 🫡
LP & earn with near zero gas fees/costs on Fraxtal:
.
@fraxfinance
's Monthly Report
#38
- April 2024 🌸
From the Frax Singularity passings, veFXS on Fraxtal, Fee switch turned back on + some exciting news about BAMM 👀
Here's some key updates 👇
Fraxtal is the most egalitarian rollup launch crypto has ever seen. Its M2 settlement aspirations are insanely ambitious, and if it keeps going like this, it could truly reshape the fabric of society.
Fraxtal is the most egalitarian rollup launch crypto has ever seen. Its M2 settlement aspirations are insanely ambitious, and if it keeps going like this, it could truly reshape the fabric of society.
THIS WEEK IN FRAX - April 5th, 2024
FEE SWITCH TURNED ON, Frax deploys on
@cosmos
,
@coingecko
highlights sfrxETH, Alchemy Account Abstraction on Fraxtal + More 👀
Let's Get Right Into It 👇
Get ready to take your
#NFT
game to the next level 🔥
@NFTs2Me
has integrated Fraxtal (modular L2 from
@fraxfinance
)!
💯 Join Flox Incentive System and earn FXTL points by deploying your own NFT projects using our free tool on
#Fraxtal
at
🧵 +Info👇
LIVE NOW - Fraxtal: A Frax-Dedicated L2 w/ Sam Kazemian
@samkazemian
and the Frax world have always been one step ahead of the rest of the ecosystem
Frax is a decentralized central bank on Ethereum 🏦
Today,
@fraxfinance
is entering its 3rd dimension of development -- building
Thrilled to welcome DeFi OGs,
@fraxfinance
to Sei.
The integration of Frax with Sei V2 marks a significant advancement, bringing decentralized stablecoin and ETH liquidity into the Sei v2 ecosystem.
This signals the beginning of an innovative DeFi future on Sei.
MOM GET THE CAMERA 📸
FRAXCHAIN TESTNET THIS YEAR!!! MAINNET EARLY JAN 2024 🤯
The
@fraxfinance
has BEEN COOKING UP 👨🍳
Read
@Cryptovestor77
's latest Alpha Corner on
@FlywheelDeFi
for some Fraxchain Contract updates 👀
@fraxfinance
Fraxchain ⛓️
The core team recently deployed the FraxChainPortal.sol & FraxChainEthMinter.sol contracts on the
@fraxfinance
Repository on Github 🦾
The launch of Fraxchain seems to be much closer than we all think 👀
What makes $rUSD so special? It's an LRT-backed stablecoin, launching with
@ether_fi
as its first LRT partner! When staked, it allows you to earn 2x EtherFi points + EigenLayer points + ETH LRT yield, all while being in a stablecoin!
Want to learn more about Fraxtal's Points system anon??
Dive into our latest thread covering everything you need to know about Flox + some extra alpha at the end of the thread 😉
New DeFi Meta: The Fraxtal Point System Explained
@fraxfinance
is the first to automate points distribution via Flox, quantifying on-chain activity of users & Dapps alike to optimally distribute FXTL incentives 💸
What PageRank is to Google, FloxRank is to Frax
Lets Dive In ⛓️
So hyped that
@protocol_fx
added xfrxETH 🫡
@Cryptovestor77
's "soooooon's👀" were all I needed to stay glued to the main chat, waiting for this revolutionary addition 🦾
Narrator: And in the 11th hour, the final votes came through to keep the Flywheel spinning.
Thankful for everyone’s support, 2024 is the year of the Fraxtal 🙏
.
@Cryptovestor77
is not only an Alpha extractoor, he's the fortune teller of all DeFi 🧙♂️
His content is the crystal ball we look at to see what will happen in future 🔮
Fellow Fraximalists 🐂
Earn 12.53% - 25.05% minting $mkUSD against
#sfrxETH
on
@PrismaFi
🚀
Learn everything you need to know from Troves, healthy CR ratios, and how to earn juicy yield + earnings in our latest article
@FlywheelDeFi
👇
Earn 12.53 - 25.05% Minting mkUSD w/ sfrxETH 🤑
@PrismaFi
enables the minting of mkUSD by depositing LSDs into a trove where mkUSD can be minted as a debt position 💰
Here's how 👇
Check out my new video animation series that I'm making to help explain how
@protocol_fx
works with simple-to-understand concepts and language.
First up, how FX achieves non-liquidatable leverage for its x-tokens!
More video explainers are on the way!
Damn $FXN really won't stop
First $fxUSD reserve passes $20M, fETH reserve close to $30M, 22.18 wstETH revenue for veFXN holders 😮💨The stage is set for
@protocol_fx
$200 sooon™️
Cryptovestor's Alpha Corner
#13
- Floodgates are about to Explode, Turning on Frax’s fee Switch 🎚️
@Cryptovestor77
dives deep into what he sees at the next big move for
@fraxfinance
, flipping on the fee switch for veFXS lockers & cvxFXS stakers 🔐
Lets Dive In 👀
Oh
@protocol_fx
😯
Just a day later from 133% to 98%
The Anons have figured it out,
@protocol_fx
&
@aladdindao
are the place to be before the next run 📈
Plus $fxUSD Soon™️
$fxUSD 🤝 $frxETH
In light of
@protocol_fx
's release of $fxUSD we can see LSD TVLs, APRs, & Incentives sky rocket 👀
Like
@Cryptovestor77
mentioned, "We're going to see fireworks light up the LSD space" Check out this weeks Alpha Corner🎆
Cryptovestor's Alpha Corner
#11
- $fxUSD To Power LSDs & Give Frax The Edge!
W/ the release of
@protocol_fx
's $fxUSD
@Cryptovestor77
believes that we’re going to see fireworks light up the LSD space 🎇
Here's How
@fraxfinance
Stands To Benefit From $fxUSD 👇
There is alpha here, I just can figure out what in the hell these guys are cooking up??? 👀
Something big is about to happen between
@protocol_fx
&
@EtherFi
and everyone on the team is being all hush-hush about it!!! And I dont think its just a new f/x pair!!! $fxUSD $FXN $CVX
We are thrilled to announce that we have raised a $12 million Seed round, led by
@dragonfly_xyz
.
Agora is building next-generation payments and asset infrastructure for the transmission of value on blockchain-based rails.