Frax Collateral is on chain stable coins
Update: 2022-06-07
Description
Frax Collateral is a bit of a rabbit hole.
In this episode I cover what I like and don't like about Frax.
Frax collateral today
https://app.frax.finance/amos
Curve 950 million (measures USDC that can be withdrawn)
Liquidity DEX's $300 million
($76 million is fantom curve and $50 million Frax in Tokemak https://www.tokemak.xyz/)
Investor 33 million (CVX and FPI Frax pool)
Lending 24 million Frax
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