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Everything You Need to Know About Frax in 2023 - Sam Kazemian, Frax Finance, Ep. 226

The Blockcrunch Podcast

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FraxEath - 100% CR?

For FraxEath, it's one to one backed by ETH deposit in a vault. It doesn't have any kind of fractional reserve. You guys don't take part of the ETH and stake it or anything like that. Some of it has a curve ammo, which is basically just backed by ETH and the LP. So right now there's no withdrawals.

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