"Same Same But Different -- Again" - Frax Check #33
Flywheel DeFi
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The Power of the Flywheel
Right now we have about 148 million in TBL, and out of that, 37 million is borrowed. That represents a 64% utilization rate. And frankly, I want to see that in the 80, like you know, 7580. But right now I feel we're slightly underutilized. On the next slide, you'll get to see some of the pairs that are offered on frax lend. It's kind of crazy to see ether frax Eve rather as frax eve, sorry, to get a supply of 131% and a bar of 150%. Again, they're going through a migration from the V2 into the V3.
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