@karl_0x
Karl
1 year
looking at the deployment log, it appears that $crvUSD is initially backed by @fraxfinance 's staked $frxETH
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@imajinl
imajinl (πŸ—½, ⚑️)
1 year
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@paoloanziano
Paolo Anziano
1 year
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@0xpast
0xpast.eth β€” e/acc
1 year
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@elevenobi
CaptainPunk
1 year
@karl_0x @fraxfinance aka the Flywheel
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@zezima233
zez
1 year
@karl_0x @CurveCap @fraxfinance Imagine earning yield on ur eth while u take out crvusd to degen long $pepe and $dicknballscoin. Truly the future of France right here
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@KizzyCrypto
Kieren Dickinson
1 year
@karl_0x @fraxfinance πŸš€πŸš€πŸš€
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@MaxLongCEO
MAX LONG
1 year
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@SuperSteveFarms
Steve 🚜
1 year
@karl_0x @fraxfinance So now we'll have two stablecoins backed by LSDs! @LybraFinanceLSD 's eUSD and crvUSD.
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@karl_0x @fraxfinance Surely you'd just mint $eUSD instead by @LybraFinanceLSD ? You earn ~8% just by holding, costs nothing to mint, as is over collateralised. Oh and it's WAY under the radar πŸ‘€ $LBR βš–οΈ
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@CryptoCatVC
CryptoCat.πŸ‡ΊπŸ‡¦
1 year
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@onlyalpha_
Alpha Hunter
1 year
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@HorizonXBT
Horizon | #communitybuilder β˜€οΈπŸŒ±
1 year
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@DegenFi
DeFiDegen.ETH βš”οΈπŸ΄ (Β€, Β€)
1 year
@karl_0x @fraxfinance CORRECTION: crvUSD will be backed by sfrxETH (staked frxETH, not unstaked frxETH). Source: etherscan
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@Bernin1001
mrthedude (βšͺ️,🍯) テ
1 year
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@0xFujisawa
fujisawa €⛓️€ πŸ”΄ πŸ¦‡πŸ”Š
1 year
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@MotivateMe0
Motivation Daily
1 year
@karl_0x @fraxfinance curve ecosystem is going to the new era
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@0scaronchain
0scar
1 year
@karl_0x @fraxfinance you mean: backed by assets produced by servers in frax's basement and protected by a multisig super admin with unlimited rights over frxETH?
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@Frankie7_Trade
GBvestor
1 year
@karl_0x @fraxfinance This was the plan all along, FRAX keeps delivering
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@LongLongfld
5tanley
1 year
@karl_0x @fraxfinance Not frxeth. sfrxETH
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