Sublime
An inspiration engine for ideas
Fox
@buymekopi
👩⚖️ FROM BILLIONAIRE TO BANKRUPT pt4
🏦 It’s been nearly 45 days after FTX and Alameda Research Group were exposed of unlawfully using customer deposits to fund their own operations, causing a bank run on FTX which ultimately collapsed.
🫠 Millions of customers and investors who weren’t able... See more
_patrickkiminstagram.comTrk Fndr
@cjthemogul
Dreamweaver
@chunk

I think i finally understand frax
backing is nominally around 90%, but when you remove frax owned by the protocol itself from assets and liabilities, backing of user owned frax is closer to 80%
(note i'm estimating 50/50 allocation of liquidity AMOs between collateral and frax)... See more



