Frax Share
FXS
#234
The Frax protocol is the first stablecoin system with a fractional algorithmic system. It has an open-source code that does not require permission and is linked to a chain. Implemented on Ethereum.
News about Frax Share
Frax ShareFXS #234
05 Dec 2022, 05:36
RT @AuraFinance: The new @LidoFinance stETH, @fraxfinance sfrxETH, and @Rocket_Pool rETH pool is yielding a projected 24% APR on Aura!
Fr…
RT @AuraFinance: The new @LidoFinance stETH, @fraxfinance sfrxETH, and @Rocket_Pool rETH pool is yielding a projected 24% APR onRT @AuraFinance: The new @LidoFinance stETH, @fraxfinance sfrxETH, and @Rocket_Pool rETH pool is yielding a projected 24% APR on Aura!
Fr…
Frax ShareFXS #234
03 Dec 2022, 10:09
RT @OlympusDAO: Frax Lend <> OlympusDAO
Ohmies, you can now borrow $FRAX using $gOHM on FraxLend!
We’re just getting started anon. 😴
htt…
RT @OlympusDAO: Frax Lend <> OlympusDAO. Ohmies, you can now borrow $FRAX using $gOHM on FraxLend.RT @OlympusDAO: Frax Lend <> OlympusDAO
Ohmies, you can now borrow $FRAX using $gOHM on FraxLend!
We’re just getting started anon. 😴
htt…
Frax ShareFXS #234
01 Dec 2022, 00:07
RT @WombatExchange: 🎊It's an honour for us to be one of the first partners to introduce natively issued $FRAX on the @BNBCHAIN!
Having @fr…
RT @WombatExchange: It's an honour for us to be one of the first partners to introduce natively issued $FRAX on the @BNBCHAIN.RT @WombatExchange: 🎊It's an honour for us to be one of the first partners to introduce natively issued $FRAX on the @BNBCHAIN!
Having @fr…
Frax ShareFXS #234
30 Nov 2022, 20:59
RT @saddlefinance: L2D4 so close to launching...
$alUSD @AlchemixFi
$FRAX @fraxfinance
$USX @dForcenet
$USDs @SperaxUSD
All on @arbitr…
RT @saddlefinance: L2D4 so close to launching. $alUSD @AlchemixFi. $FRAX @fraxfinance. $USX @dForcenet. $USDs @SperaxUSD.RT @saddlefinance: L2D4 so close to launching...
$alUSD @AlchemixFi
$FRAX @fraxfinance
$USX @dForcenet
$USDs @SperaxUSD
All on @arbitr…
Frax ShareFXS #234
30 Nov 2022, 18:33
Hello Community,
If you are bridging FRAX between Mainnet and either Arbitrum, Optimism, and Moonbeam, please use Fraxferry only. We will no longer support canonical swaps with other bridge tokens. You can still get your FRAX back on mainnet via the ferry. If you have bridge tokens on the other chains, please bridge back directly with their respective websites.
FXS is not affected.
Hello Community,.Hello Community,
If you are bridging FRAX between Mainnet and either Arbitrum, Optimism, and Moonbeam, please use Fraxferry only. We will no longer support canonical swaps with other bridge tokens. You can still get your FRAX back on mainnet via the ferry. If you have bridge tokens on the other chains, please bridge back directly with their respective websites.
FXS is not affected.
https://app.frax.finance/fraxferry
Frax ShareFXS #234
30 Nov 2022, 09:17
RT @HundredFinance: Don't forget that $HND rewards are joining $OP rewards in several hours on @optimismFND deployment 😉
oh, and one more…
RT @HundredFinance: Don't forget that $HND rewards are joining $OP rewards in several hours on @optimismFND deployment.RT @HundredFinance: Don't forget that $HND rewards are joining $OP rewards in several hours on @optimismFND deployment 😉
oh, and one more…
Frax ShareFXS #234
30 Nov 2022, 04:22
RT @WinterSoldierxz: 1/ @fraxfinance’s staked $ETH performance has been nothing short of spectacular in the past 30 days.
~500% TVL growth…
RT @WinterSoldierxz: 1/ @fraxfinance's staked $ETH performance has been nothing short of spectacular in the past 30 days.RT @WinterSoldierxz: 1/ @fraxfinance’s staked $ETH performance has been nothing short of spectacular in the past 30 days.
~500% TVL growth…
Frax ShareFXS #234
29 Nov 2022, 07:12
RT @WombatExchange: ⚡️ Breaking news: Our innovation pool is coming live on 2nd Dec🚀
This pool consists of newer and more innovative #stab…
RT @WombatExchange: ️ Breaking news: Our innovation pool is coming live on 2nd Dec.RT @WombatExchange: ⚡️ Breaking news: Our innovation pool is coming live on 2nd Dec🚀
This pool consists of newer and more innovative #stab…
Frax ShareFXS #234
08 Nov 2022, 22:34
TEMPLE RAGEQUIT INSTRUCTIONS
==============================
0) (if you are not an LP in the Temple gauge, feel free to ignore this message. This is only for users who wish to rage quit their Temple LP)
1) Call stakerToggleMigrator(0xB12C76b92936d136Fd8264F6EFcBb06458338D97) on the Temple Frax FARM. This will allow the Ragequitter to "migrate" for you.
2) Go to the Ragequitter contract and do rageQuitAll()
3) You should now have all unclaimed rewards + 80% of your LP. 20% goes to the Frax protocol as a penalty per the Snapshot vote
LP UNWINDING
===================================================
Use Etherscan
The Temple LP router is at 0x8A5058100E60e8F7C42305eb505B12785bbA3BcA
The LP token contract is at 0x6021444f1706f15465bee85463bcc7d7cc17fc03
Using E18 math for everything...
1) Approve your LP from the token contract to the router
2) Go to removeLiquidity
liquidity: Amount of LP tokens you have
amountAMin: amount of TEMPLE tokens you expect to get out, should be about half the USD value of your LP since Temple is like 97 cents. Put like 2-3% less than this as a buffer / slippage
amountBMin: same as amountAMin, except for FRAX
to: where you want the unwrapped tokens to go
deadline: A unix timestamp in the future. You can put 1699669513 as one year from now. Doesn't really matter since after you exec, it is done
TEMPLE RAGEQUIT INSTRUCTIONS. ==============================.TEMPLE RAGEQUIT INSTRUCTIONS
==============================
0) (if you are not an LP in the Temple gauge, feel free to ignore this message. This is only for users who wish to rage quit their Temple LP)
1) Call stakerToggleMigrator(0xB12C76b92936d136Fd8264F6EFcBb06458338D97) on the Temple Frax FARM. This will allow the Ragequitter to "migrate" for you.
https://etherscan.io/address/0x10460d02226d6ef7B2419aE150E6377BdbB7Ef16#writeContract#F15
2) Go to the Ragequitter contract and do rageQuitAll()
https://etherscan.io/address/0xb12c76b92936d136fd8264f6efcbb06458338d97#writeContract#F1
3) You should now have all unclaimed rewards + 80% of your LP. 20% goes to the Frax protocol as a penalty per the Snapshot vote https://snapshot.org/#/frax.eth/proposal/0xdeef82080b089699f3cc3f2eda504e8e5c80d738bb961320db9a34ea1ab52565
LP UNWINDING
===================================================
Use Etherscan
The Temple LP router is at 0x8A5058100E60e8F7C42305eb505B12785bbA3BcA
The LP token contract is at 0x6021444f1706f15465bee85463bcc7d7cc17fc03
Using E18 math for everything...
1) Approve your LP from the token contract to the router
2) Go to removeLiquidity
liquidity: Amount of LP tokens you have
amountAMin: amount of TEMPLE tokens you expect to get out, should be about half the USD value of your LP since Temple is like 97 cents. Put like 2-3% less than this as a buffer / slippage
amountBMin: same as amountAMin, except for FRAX
to: where you want the unwrapped tokens to go
deadline: A unix timestamp in the future. You can put 1699669513 as one year from now. Doesn't really matter since after you exec, it is done
Frax ShareFXS #234
07 Nov 2022, 03:33
Please withdraw any remaining funds by the end of this week, after that we will no longer refund gas.
Please withdraw any remaining funds by the end of this week, after that we will no longer refund gas.Frax ShareFXS #234
28 Sep 2022, 04:52
Hi everyone,
We investigated the reports of increased gas for claiming certain staking pairs that use Fraxswap v1 LPs and found a small issue that increases gas over time on v1. In short, due to TWAMMs being permanently paused, the calculation for LPing in Fraxswap v1 increases over time to bypass the TWAMM code. This does not affect any Fraxswap v2 pairs and only affects FRAX-IQ v3, FRAX-SYN, and FRAX-pitchFXS. Due to this issue, the team has decided to unlock these pairs so that costs on claiming rewards+staking for LPs don't increase over time. We will deploy new v2 gauges for the same pairs over the next couple of weeks so that everyone can continue to stake+earn in the v2 system that has no gas cost issues. This also has the added benefit of fully migrating out of v1 and having TWAMMs enabled for those pairs+better routing+v2 features.
Your funds are not at risk; however, the longer you wait to withdraw, the more your gas cost will be over time so it is recommended to withdraw your funds in FRAX-IQ V3, FRAX-SYN, and FRAX-pitchFXS V3 as soon as possible to avoid gas costs. We will refund gas costs for anyone affected by this as it is a small issue but we want to make sure no one is adversely affected even in terms of gas. Thanks for your understanding 🙂
tl;dr: No funds at risk. If you are an LP in FRAX-IQ V3, FRAX-SYN, or FRAX-pitchFXS v3 you should withdraw+remove liquidity at your earliest convenience so that we can migrate to new gauge contracts that use Fraxswap v2. Nothing else needs to be done.
Hi everyone,.Hi everyone,
We investigated the reports of increased gas for claiming certain staking pairs that use Fraxswap v1 LPs and found a small issue that increases gas over time on v1. In short, due to TWAMMs being permanently paused, the calculation for LPing in Fraxswap v1 increases over time to bypass the TWAMM code. This does not affect any Fraxswap v2 pairs and only affects FRAX-IQ v3, FRAX-SYN, and FRAX-pitchFXS. Due to this issue, the team has decided to unlock these pairs so that costs on claiming rewards+staking for LPs don't increase over time. We will deploy new v2 gauges for the same pairs over the next couple of weeks so that everyone can continue to stake+earn in the v2 system that has no gas cost issues. This also has the added benefit of fully migrating out of v1 and having TWAMMs enabled for those pairs+better routing+v2 features.
Your funds are not at risk; however, the longer you wait to withdraw, the more your gas cost will be over time so it is recommended to withdraw your funds in FRAX-IQ V3, FRAX-SYN, and FRAX-pitchFXS V3 as soon as possible to avoid gas costs. We will refund gas costs for anyone affected by this as it is a small issue but we want to make sure no one is adversely affected even in terms of gas. Thanks for your understanding 🙂
tl;dr: No funds at risk. If you are an LP in FRAX-IQ V3, FRAX-SYN, or FRAX-pitchFXS v3 you should withdraw+remove liquidity at your earliest convenience so that we can migrate to new gauge contracts that use Fraxswap v2. Nothing else needs to be done.
Frax ShareFXS #234
06 Sep 2022, 19:57
Hi everyone,
Fraxlend is finally here for Ethereum! New pairs, features, and chains will be added over the coming days, as well as the ability to deploy user-created pairs. For the initial launch, the following pairs are available:
Ethereum
WBTC/FRAX - Variable Rate - Borrow FRAX with WBTC collateral
WETH/FRAX - Variable Rate - Borrow FRAX with WETH collateral
We've elected to start with the top blue chip assets, WETH+WBTC as inaugural markets. We're already working on rolling out other pairs and opening up factory deployments over the coming days/weeks. New pairs, Curve LP collateral, different rate models, and different oracle implementations will be added in an iterative process over time. As well as permissionless factories to deploy all of the above permissionlessly.
You might have also noticed a governance proposal to lend FRAX. While anyone can lend FRAX to a Fraxlend pair just like using Compound/Aave, the protocol will be conducting its predominant lending activity in Fraxlend pairs through governance approved AMOs. Happy lending and borrowing! 🥳
Documentation
Code
Governance Proposal
Hi everyone,. Fraxlend is finally here for Ethereum.Hi everyone,
Fraxlend is finally here for Ethereum! New pairs, features, and chains will be added over the coming days, as well as the ability to deploy user-created pairs. For the initial launch, the following pairs are available:
Ethereum
WBTC/FRAX - Variable Rate - Borrow FRAX with WBTC collateral
WETH/FRAX - Variable Rate - Borrow FRAX with WETH collateral
We've elected to start with the top blue chip assets, WETH+WBTC as inaugural markets. We're already working on rolling out other pairs and opening up factory deployments over the coming days/weeks. New pairs, Curve LP collateral, different rate models, and different oracle implementations will be added in an iterative process over time. As well as permissionless factories to deploy all of the above permissionlessly.
You might have also noticed a governance proposal to lend FRAX. While anyone can lend FRAX to a Fraxlend pair just like using Compound/Aave, the protocol will be conducting its predominant lending activity in Fraxlend pairs through governance approved AMOs. Happy lending and borrowing! 🥳
Documentation
https://docs.frax.finance/fraxlend/fraxlend-overview
Code
https://github.com/FraxFinance/fraxlend
Governance Proposal
https://gov.frax.finance/t/fip-109-create-fraxlend-amo/1805
Frax ShareFXS #234
02 Sep 2022, 01:05
The old UniV2 FRAX/FXS farm emissions have now stopped, cutting total protocol-wide daily emissions by about 40% [per https://snapshot.org/#/frax.eth/proposal/0xc41b1c1dcb2d9b91cd15319f4a5d6757aa5cb16c970465ae9d5e53ae6f28a4f4] thereby increasing FXS scarcity. There is a Fraxswap FRAX/FXS gauge farm that has been added that you can use for swapping and TWAMMing as well.
Withdraw old Uniswap FRAX/FXS positions:
Unwind old Uniswap liquidity:
Add Fraxswap FRAX/FXS LP:
Stake new Fraxswap FRAX/FXS:
The old UniV2 FRAX/FXS farm emissions have now stopped, cutting total protocol-wide daily emissions by about 40% [per ] therebyThe old UniV2 FRAX/FXS farm emissions have now stopped, cutting total protocol-wide daily emissions by about 40% [per https://snapshot.org/#/frax.eth/proposal/0xc41b1c1dcb2d9b91cd15319f4a5d6757aa5cb16c970465ae9d5e53ae6f28a4f4] thereby increasing FXS scarcity. There is a Fraxswap FRAX/FXS gauge farm that has been added that you can use for swapping and TWAMMing as well.
Withdraw old Uniswap FRAX/FXS positions:
https://app.frax.finance/staking/univ2-frax-fxs
Unwind old Uniswap liquidity:
https://app.uniswap.org/#/remove/v2/0x3432B6A60D23Ca0dFCa7761B7ab56459D9C964D0/0x853d955aCEf822Db058eb8505911ED77F175b99e?chain=mainnet
Add Fraxswap FRAX/FXS LP:
https://app.frax.finance/swap/liquidity
Stake new Fraxswap FRAX/FXS:
https://app.frax.finance/staking/fraxswap-v2-frax-fxs
Frax ShareFXS #234
27 Aug 2022, 04:26
Hey guys,
There are 5 new Fraxswap gauges:
FRAX/FXS
FRAX/FPIS
FRAX/OHM
FRAX/SDL
FRAX/ZZ
In addition, the Uniswap FRAX/FXS farm at 0xda2c338350a0E59Ce71CDCED9679A3A590Dd9BEC has been unlocked. Please withdraw your tokens by September 2nd. Rewards will be stopped after that, but you can still claim your already-earned tokens.
Withdraw old Uniswap FRAX/FXS positions:
Unwind old Uniswap liquidity:
Add Fraxswap FRAX/FXS LP:
Stake new Fraxswap FRAX/FXS:
Hey guys,. There are 5 new Fraxswap gauges:. FRAX/FXS. FRAX/FPIS. FRAX/OHM. FRAX/SDL. FRAX/ZZ.Hey guys,
There are 5 new Fraxswap gauges:
FRAX/FXS
FRAX/FPIS
FRAX/OHM
FRAX/SDL
FRAX/ZZ
In addition, the Uniswap FRAX/FXS farm at 0xda2c338350a0E59Ce71CDCED9679A3A590Dd9BEC has been unlocked. Please withdraw your tokens by September 2nd. Rewards will be stopped after that, but you can still claim your already-earned tokens.
Withdraw old Uniswap FRAX/FXS positions:
https://app.frax.finance/staking/univ2-frax-fxs
Unwind old Uniswap liquidity:
https://app.uniswap.org/#/remove/v2/0x3432B6A60D23Ca0dFCa7761B7ab56459D9C964D0/0x853d955aCEf822Db058eb8505911ED77F175b99e?chain=mainnet
Add Fraxswap FRAX/FXS LP:
https://app.frax.finance/swap/liquidity
Stake new Fraxswap FRAX/FXS:
https://app.frax.finance/staking/fraxswap-v2-frax-fxs
Frax ShareFXS #234
21 Jul 2022, 21:07
Dear community,
The fixed versions of the Fraxswap FRAX/IQ and FRAX/pitchFXS gauge farms have been deployed. They are marked as V3. Please migrate your LP to these new farms and revote for the V3 versions only. We will stop rewards next gauge period for the old pools.
We also deployed the FRAX/SYN gauge.
Dear community,. The fixed versions of the Fraxswap FRAX/IQ and FRAX/pitchFXS gauge farms have been deployed.Dear community,
The fixed versions of the Fraxswap FRAX/IQ and FRAX/pitchFXS gauge farms have been deployed. They are marked as V3. Please migrate your LP to these new farms and revote for the V3 versions only. We will stop rewards next gauge period for the old pools.
We also deployed the FRAX/SYN gauge.
Frax ShareFXS #234
14 Jul 2022, 16:28
Dear Frax Farmers,
A weight-related math issue was discovered in the recently deployed FRAX/IQ and FRAX/pitchFXS farms (and limited to these only). There is a corner case situation where a user with no veFXS and no time lock recieves virtually no base APY. We have a presumptive fix in place for future farms (https://github.com/FraxFinance/frax-solidity/blob/e76d176404e76c18d70de771536da4b4665aca4e/src/hardhat/contracts/Staking/FraxUnifiedFarm_ERC20.sol#L298)
To this end, we will be unlocking the FRAX/IQ and FRAX/pitchFXS farms. Rewards will end for those pools next week. We hope to have their replacements up shortly.
No funds are at risk nor is there any security related issue so no immediate action is required. This only affects certain reward rates.
-Travis
Dear Frax Farmers,.Dear Frax Farmers,
A weight-related math issue was discovered in the recently deployed FRAX/IQ and FRAX/pitchFXS farms (and limited to these only). There is a corner case situation where a user with no veFXS and no time lock recieves virtually no base APY. We have a presumptive fix in place for future farms (https://github.com/FraxFinance/frax-solidity/blob/e76d176404e76c18d70de771536da4b4665aca4e/src/hardhat/contracts/Staking/FraxUnifiedFarm_ERC20.sol#L298)
To this end, we will be unlocking the FRAX/IQ and FRAX/pitchFXS farms. Rewards will end for those pools next week. We hope to have their replacements up shortly.
No funds are at risk nor is there any security related issue so no immediate action is required. This only affects certain reward rates.
-Travis
Frax ShareFXS #234
13 Jun 2022, 20:01
Hi Frax Fam 👋
The first Frax Town Square is starting in Twitter Spaces right now.
We're speaking with four people who are proposing new FIPs for the Frax protocol. Join the discussion to learn more about these FIPs and ask questions.
Hi Frax Fam. The first Frax Town Square is starting in Twitter Spaces right now.Hi Frax Fam 👋
The first Frax Town Square is starting in Twitter Spaces right now.
We're speaking with four people who are proposing new FIPs for the Frax protocol. Join the discussion to learn more about these FIPs and ask questions.
https://twitter.com/i/spaces/1eaJbNQlBkrJX
Frax ShareFXS #234
09 Jun 2022, 15:56
👋Hi Frax Fam,
🎙The first Fraximalist.xyz podcast of Flywheel debuts in 7 minutes. Tune in to hear the interview with @seba_tldr and hosts @DeFiDave222 @kapital_k
📥We're going to be pushing out a ton of content in the near future so make sure to subscribe to our youtube page to get all the latest videos.
📺https://www.youtube.com/watch?v=sglvx57PbBo📺
Hi Frax Fam,. The first Fraximalist. xyz podcast of Flywheel debuts in 7 minutes.👋Hi Frax Fam,
🎙The first Fraximalist.xyz podcast of Flywheel debuts in 7 minutes. Tune in to hear the interview with @seba_tldr and hosts @DeFiDave222 @kapital_k
📥We're going to be pushing out a ton of content in the near future so make sure to subscribe to our youtube page to get all the latest videos.
📺https://www.youtube.com/watch?v=sglvx57PbBo📺
Frax ShareFXS #234
07 Jun 2022, 18:42
🎙Fraximalists unite 🎙
Flywheel (@flywheelpod) - a podcast created by the Fraximalists.xyz community is set to launch this Thursday at 12pm EST.
Join us for the launch of the first community-run Frax focused podcast. Flywheel is created and produced by:
@DeFiDave222(Co-host)
@kapital_k (Co-host)
@ssmccul (Producer)
In our first episode we interview Seba (@seba_tldr), creator of the Frax dashboard on Dune.
Learn how Seba
💻Found Frax and built the Dune Dashboard.
⛰What he thinks are the biggest challenges for Frax.
👨🌾How Frax can move past just yield farming.
🚍What product in the Frax ecosystem he's most excited for.
🏋️♀️What he wants to see from the Frax community
🅰️Frax alpha leaks (shh... don't miss this)
Fraximalists unite. Flywheel (@flywheelpod) - a podcast created by the Fraximalists.🎙Fraximalists unite 🎙
Flywheel (@flywheelpod) - a podcast created by the Fraximalists.xyz community is set to launch this Thursday at 12pm EST.
Join us for the launch of the first community-run Frax focused podcast. Flywheel is created and produced by:
@DeFiDave222(Co-host)
@kapital_k (Co-host)
@ssmccul (Producer)
In our first episode we interview Seba (@seba_tldr), creator of the Frax dashboard on Dune.
Learn how Seba
💻Found Frax and built the Dune Dashboard.
⛰What he thinks are the biggest challenges for Frax.
👨🌾How Frax can move past just yield farming.
🚍What product in the Frax ecosystem he's most excited for.
🏋️♀️What he wants to see from the Frax community
🅰️Frax alpha leaks (shh... don't miss this)
Frax ShareFXS #234
16 May 2022, 19:34
The FRAX/IQ farm has been unlocked per Please withdraw by May 30th. The reward rate will go to 0 thereafter.
The FRAX/IQ farm has been unlocked per Please withdraw by May 30th. The reward rate will go to 0 thereafter.The FRAX/IQ farm has been unlocked per https://snapshot.org/#/frax.eth/proposal/0xd988da5727eb67b626e736d38d4c035a743e1a5398653afa16f1b12215731960. Please withdraw by May 30th. The reward rate will go to 0 thereafter.
Frax ShareFXS #234
15 May 2022, 03:20
Hey guys,
We will be migrating to the post-audit code for the Fraxswap TWAMMs soon. Please pull out / cancel your orders as we will be removing protocol-owned-liquidity over the coming week. After this, we will launch the new pools with increased liquidity.
Hey guys,. We will be migrating to the post-audit code for the Fraxswap TWAMMs soon.Hey guys,
We will be migrating to the post-audit code for the Fraxswap TWAMMs soon. Please pull out / cancel your orders as we will be removing protocol-owned-liquidity over the coming week. After this, we will launch the new pools with increased liquidity.
https://app.frax.finance/fraxswap
Frax ShareFXS #234
12 May 2022, 22:05
The FRAX/SUSHI farm has been unlocked per Please withdraw by May 30th. The reward rate / gauge vote will go to 0 thereafter.
The FRAX/SUSHI farm has been unlocked per Please withdraw by May 30th. The reward rate / gauge vote will go to 0 thereafter.The FRAX/SUSHI farm has been unlocked per https://snapshot.org/#/frax.eth/proposal/0x87f561014068e937dc49cd17e96774e19676a5cef6294e7d4974c5ae93643d9f. Please withdraw by May 30th. The reward rate / gauge vote will go to 0 thereafter.
Frax ShareFXS #234
11 May 2022, 09:45
The Convex Curve FPIFRAX gauge is coming soon (Convex team is running tests). We are also hoping to release the post-audit FraxSwap code this week and scale it up. You can see some of the changes here (we updated it earlier today). Trail of Bits is just about done. Them and Shipyard looked over FraxSwap primarily, along with the FPIControllerPool code and some FraxLend items.
veFPIS needs to be audited next, along with FraxLend
Lots of stuff going on. FPI/FPIS. FraxLend. FraxSwap. Routine FRAX operations. This week has been busy because of the Terra situation, but we are still plugging away
The Convex Curve FPIFRAX gauge is coming soon (Convex team is running tests).The Convex Curve FPIFRAX gauge is coming soon (Convex team is running tests). We are also hoping to release the post-audit FraxSwap code this week and scale it up. You can see some of the changes here (we updated it earlier today). Trail of Bits is just about done. Them and Shipyard looked over FraxSwap primarily, along with the FPIControllerPool code and some FraxLend items.
https://github.com/FraxFinance/frax-solidity/tree/master/src/hardhat/contracts/Fraxswap
veFPIS needs to be audited next, along with FraxLend
Lots of stuff going on. FPI/FPIS. FraxLend. FraxSwap. Routine FRAX operations. This week has been busy because of the Terra situation, but we are still plugging away
Frax ShareFXS #234
08 Apr 2022, 18:01
Hey everyone,
We will be rolling out a guarded launch of FPI and FraxSwap (the TWAMM AMM) this week, with a mint cap set at 15M FPI until April 15th. After that, we will slowly raise the mint cap, depending on demand, to 100M FPI max up to May 15th, as we continue audits and examination of the protocol in live action.
You can now claim your FPIS here The amount of FPIS you recieve is (your weight * 10M FPIS) / (total weight). This means that 10 million FPIS tokens are distributed per the genesis airdrop snapshot taken back in February. The list has been updated here: We will update the official documentation to give the full breakdown of the token distribution soon.
We are also offering a bug bounty up to 15% of the TVL at risk, payable in FRAX, to anyone that discovers and discloses to us a catastrophic bug that causes any:
1) Infinite mints
2) Permabricking anything
3) Insta-drain of FraxSwap TWAMM token0/token1 reserves
4) Insta-drain of FPIControllerPool FRAX reserves
If there are smaller bugs / math errors, etc that leak smaller, but significant amounts of tokens over time, we will pay on a case-by-case basis.
Addresses
===============================
FPI: 0x5Ca135cB8527d76e932f34B5145575F9d8cbE08E
FPIS: 0xc2544A32872A91F4A553b404C6950e89De901fdb
FraxSwap TWAMM Factory: 0x54F454D747e037Da288dB568D4121117EAb34e79
FraxSwap TWAMM Router: 0xE52D0337904D4D0519EF7487e707268E1DB6495F
FraxSwap FRAX/FPI TWAMM Pair: 0x7d95b33cbEC441917d4f617482d4b5c7e6c35902
FraxSwap FRAX/FXS TWAMM Pair: 0x122F21a89a0A7197FF18C6e2995322ac29f42873
FraxSwap FPI/FXS TWAMM Pair: 0xdc95403d54a7BB182e9AAb861c1c3a74d9fB9E57
FPIControllerPool: 0x309AC8840f9b4C7eEB5bAb1e89669d8dbb86c060
CPITrackerOracle: 0x7086F2aCB5558043fF9cE3df346D8E3FB4F4f452
Code
===============================
FPI & FPIS
FraxSwap / TWAMM
FPIControllerPool (used to stabilize the FPI peg to the CPI oracle)
CPITrackerOracle
Hey everyone,.Hey everyone,
We will be rolling out a guarded launch of FPI and FraxSwap (the TWAMM AMM) this week, with a mint cap set at 15M FPI until April 15th. After that, we will slowly raise the mint cap, depending on demand, to 100M FPI max up to May 15th, as we continue audits and examination of the protocol in live action.
https://app.frax.finance/fraxswap
You can now claim your FPIS here https://airdrop.frax.finance/. The amount of FPIS you recieve is (your weight * 10M FPIS) / (total weight). This means that 10 million FPIS tokens are distributed per the genesis airdrop snapshot taken back in February. The list has been updated here: https://community.frax.finance/info/airdrop. We will update the official documentation to give the full breakdown of the token distribution soon.
We are also offering a bug bounty up to 15% of the TVL at risk, payable in FRAX, to anyone that discovers and discloses to us a catastrophic bug that causes any:
1) Infinite mints
2) Permabricking anything
3) Insta-drain of FraxSwap TWAMM token0/token1 reserves
4) Insta-drain of FPIControllerPool FRAX reserves
If there are smaller bugs / math errors, etc that leak smaller, but significant amounts of tokens over time, we will pay on a case-by-case basis.
Addresses
===============================
FPI: 0x5Ca135cB8527d76e932f34B5145575F9d8cbE08E
FPIS: 0xc2544A32872A91F4A553b404C6950e89De901fdb
FraxSwap TWAMM Factory: 0x54F454D747e037Da288dB568D4121117EAb34e79
FraxSwap TWAMM Router: 0xE52D0337904D4D0519EF7487e707268E1DB6495F
FraxSwap FRAX/FPI TWAMM Pair: 0x7d95b33cbEC441917d4f617482d4b5c7e6c35902
FraxSwap FRAX/FXS TWAMM Pair: 0x122F21a89a0A7197FF18C6e2995322ac29f42873
FraxSwap FPI/FXS TWAMM Pair: 0xdc95403d54a7BB182e9AAb861c1c3a74d9fB9E57
FPIControllerPool: 0x309AC8840f9b4C7eEB5bAb1e89669d8dbb86c060
CPITrackerOracle: 0x7086F2aCB5558043fF9cE3df346D8E3FB4F4f452
Code
===============================
FPI & FPIS
https://github.com/FraxFinance/frax-solidity/blob/master/src/hardhat/contracts/FPI/FPI.sol
https://github.com/FraxFinance/frax-solidity/blob/master/src/hardhat/contracts/FPI/FPIS.sol
FraxSwap / TWAMM
https://github.com/FraxFinance/frax-solidity/tree/master/src/hardhat/contracts/Uniswap_V2_TWAMM
FPIControllerPool (used to stabilize the FPI peg to the CPI oracle)
https://github.com/FraxFinance/frax-solidity/blob/master/src/hardhat/contracts/FPI/FPIControllerPool.sol
CPITrackerOracle
https://github.com/FraxFinance/frax-solidity/blob/master/src/hardhat/contracts/Oracle/CPITrackerOracle.sol
Frax ShareFXS #234
05 Mar 2022, 18:08
Greeting community,
We are currently in the code review process for FPI and FraxSwap / TWAMM. The latter is based off of Paradigm's TWAMM (time-weighted average market maker) idea and will be used both for helping stabilize the FPI peg, as well as efficiently performing the FXS1559 buybacks.
We welcome the community to investigate the code, it is still a work in progress:
FPI & FPIS
FraxSwap / TWAMM
FPIControllerAMO (used to stabilize the FPI peg to the CPI oracle)
CPITrackerOracle
Greeting community,. We are currently in the code review process for FPI and FraxSwap / TWAMM.Greeting community,
We are currently in the code review process for FPI and FraxSwap / TWAMM. The latter is based off of Paradigm's TWAMM (time-weighted average market maker) idea https://www.paradigm.xyz/2021/07/twamm and will be used both for helping stabilize the FPI peg, as well as efficiently performing the FXS1559 buybacks.
We welcome the community to investigate the code, it is still a work in progress:
FPI & FPIS
https://github.com/FraxFinance/frax-solidity/blob/master/src/hardhat/contracts/FPI/FPI.sol
https://github.com/FraxFinance/frax-solidity/blob/master/src/hardhat/contracts/FPI/FPIS.sol
FraxSwap / TWAMM
https://github.com/FraxFinance/frax-solidity/tree/master/src/hardhat/contracts/Uniswap_V2_TWAMM
FPIControllerAMO (used to stabilize the FPI peg to the CPI oracle)
https://github.com/FraxFinance/frax-solidity/blob/master/src/hardhat/contracts/FPI/FPIControllerAMO.sol
CPITrackerOracle
https://github.com/FraxFinance/frax-solidity/blob/master/src/hardhat/contracts/Oracle/CPITrackerOracle.sol
Frax ShareFXS #234
27 Feb 2022, 16:58
Ok, so you actually CAN add LP to Temple/FRAX, but SWAPs are what were disabled for plebs. Temple said they will build the UI for adding the LP. In the meantime, if you want to generate LP for the farm manually, do the following
1) Go to FRAX/TEMPLE TempleUniswapV2Pair @ and see what the current ratio of TEMPLE to FRAX is with the token balances
2) Approve FRAX @ 0x853d955aCEf822Db058eb8505911ED77F175b99e for TempleFraxAMMRouter @ 0x8A5058100E60e8F7C42305eb505B12785bbA3BcA
3) Approve TEMPLE @ 0x470EBf5f030Ed85Fc1ed4C2d36B9DD02e77CF1b7 for TempleFraxAMMRouter @ 0x8A5058100E60e8F7C42305eb505B12785bbA3BcA
4) Do addLiquidity with that current ratio with TempleFraxAMMRouter @ 0x8A5058100E60e8F7C42305eb505B12785bbA3BcA. Token A (or 0) is TEMPLE, token B (or 1) is FRAX. Parameter description here
5) Go farm here with the new LP
Ok, so you actually CAN add LP to Temple/FRAX, but SWAPs are what were disabled for plebs.Ok, so you actually CAN add LP to Temple/FRAX, but SWAPs are what were disabled for plebs. Temple said they will build the UI for adding the LP. In the meantime, if you want to generate LP for the farm manually, do the following
1) Go to FRAX/TEMPLE TempleUniswapV2Pair @ https://etherscan.io/address/0x6021444f1706f15465bee85463bcc7d7cc17fc03 and see what the current ratio of TEMPLE to FRAX is with the token balances
2) Approve FRAX @ 0x853d955aCEf822Db058eb8505911ED77F175b99e for TempleFraxAMMRouter @ 0x8A5058100E60e8F7C42305eb505B12785bbA3BcA
3) Approve TEMPLE @ 0x470EBf5f030Ed85Fc1ed4C2d36B9DD02e77CF1b7 for TempleFraxAMMRouter @ 0x8A5058100E60e8F7C42305eb505B12785bbA3BcA
4) Do addLiquidity with that current ratio with TempleFraxAMMRouter @ 0x8A5058100E60e8F7C42305eb505B12785bbA3BcA. Token A (or 0) is TEMPLE, token B (or 1) is FRAX. Parameter description here https://docs.uniswap.org/protocol/V2/reference/smart-contracts/router-02#addliquidity
5) Go farm here with the new LP https://app.frax.finance/staking#Temple_FRAX_TEMPLE
Frax ShareFXS #234
22 Feb 2022, 23:35
FPIs / FPI tokens have not been distributed; please be aware of scams. Only the snapshot has been publicly posted to github. No airdrop has occurred, only a snapshot. The official token addresses will be posted here and on Twitter once the airdrop occurs.
FPIs / FPI tokens have not been distributed. please be aware of scams. Only the snapshot has been publicly posted to github.FPIs / FPI tokens have not been distributed; please be aware of scams. Only the snapshot has been publicly posted to github. No airdrop has occurred, only a snapshot. The official token addresses will be posted here and on Twitter once the airdrop occurs.
Frax ShareFXS #234
22 Feb 2022, 23:01
You can now vote on two new gauges / farms!
1) Temple DAO FRAX/TEMPLE
2) Arbitrum Curve VSTFRAX (FRAX / Vesta VST)
You can now vote on two new gauges / farms. 1) Temple DAO FRAX/TEMPLE. 2) Arbitrum Curve VSTFRAX (FRAX / Vesta VST).You can now vote on two new gauges / farms!
1) Temple DAO FRAX/TEMPLE
2) Arbitrum Curve VSTFRAX (FRAX / Vesta VST)
https://app.frax.finance/gauge
Frax ShareFXS #234
21 Feb 2022, 04:11
for cvxfxs users, here is a snapshot of everyone's balance at the time of the fpis snapshot
for cvxfxs users, here is a snapshot of everyone's balance at the time of the fpis snapshot.for cvxfxs users, here is a snapshot of everyone's balance at the time of the fpis snapshot
https://github.com/convex-eth/platform/blob/main/airdrop/fpis/cvxfxs_14246086.json
Frax ShareFXS #234
18 Feb 2022, 17:57
Hey Guys, we’re very happy to be finally releasing the airdrop weights. veFXS will receive the full airdrop weight. tFXS will receive about the same weight as shortly-locked veFXS, and UniV2 FRAX-FXS LP tokens staked with Frax will get 1/2 weight post boost. Please note this is only if you’ve locked the LP tokens in the staking contract, non-staked FRAX-FXS LP tokens won’t get any airdrop.
Hey Guys, we're very happy to be finally releasing the airdrop weights. veFXS will receive the full airdrop weight.Hey Guys, we’re very happy to be finally releasing the airdrop weights. veFXS will receive the full airdrop weight. tFXS will receive about the same weight as shortly-locked veFXS, and UniV2 FRAX-FXS LP tokens staked with Frax will get 1/2 weight post boost. Please note this is only if you’ve locked the LP tokens in the staking contract, non-staked FRAX-FXS LP tokens won’t get any airdrop.
Frax ShareFXS #234
12 Feb 2022, 02:07
In case anyone missed it, snapshot date is Feb 20th 4pm PST. The balances eligible are veFXS, staked FRAX-FXS LP, and tFXS in Tokemak. This means if you hold cvxFXS you'll get the max airdrop since Convex will get it for their veFXS stake and pass it through to cvxFXS holders. The details of the distribution+docs will be slowly released leading up to that date 🙂
In case anyone missed it, snapshot date is Feb 20th 4pm PST.In case anyone missed it, snapshot date is Feb 20th 4pm PST. The balances eligible are veFXS, staked FRAX-FXS LP, and tFXS in Tokemak. This means if you hold cvxFXS you'll get the max airdrop since Convex will get it for their veFXS stake and pass it through to cvxFXS holders. The details of the distribution+docs will be slowly released leading up to that date 🙂
Frax ShareFXS #234
25 Jan 2022, 21:22
Hey guys,
The FRAX team has deployed a new gauge controller contract, located here 0x3669C421b77340B2979d1A00a792CC2ee0FcE737. It contains some math optimitizations as well as improved Vyper-related gas savings, but is otherwise very similar to the previous code. All users will have to re-establish their votes after the contract is linked to the rewards distributor (we will notify the community beforehand)
Hey guys,. The FRAX team has deployed a new gauge controller contract, located here 0x3669C421b77340B2979d1A00a792CC2ee0FcE737.Hey guys,
The FRAX team has deployed a new gauge controller contract, located here 0x3669C421b77340B2979d1A00a792CC2ee0FcE737. It contains some math optimitizations as well as improved Vyper-related gas savings, but is otherwise very similar to the previous code. All users will have to re-establish their votes after the contract is linked to the rewards distributor (we will notify the community beforehand)
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