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The Ultra Bull Case For Curve w/CurveCap - Flywheel #33

Flywheel DeFi

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Frax's Plan to Get a Fed Master Account

Fex will get a fed master account which is basically a bank account at the fed so you have the safest most ricks free yield there is. i'm in favor of it because i agree that it's like the best source of yield and it wasn't a question two years ago when yields were zero, no one cared. Most people are like if you have an unauthorized way of accessing treasury building yield on chain uh you're gonna get killed right like you're just gonna send a drone to conveniently eliminate you so it doesn't come upSo i i feel like it's safest if it's done through the kind of like regulatory system um yeahUh what does it mean for frax though if

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