Frequency of USDC collateral profit disbursement
Authors
Frax Finance Team
Summary
Some of the USDC collateral deposited to mint FRAX is currently accruing interest in AAVE, Compound, and yearn. How often should the profits from these deposits be collected and sent back to the main FRAX contract to be used for FXS buybacks / FRAX collateralization?
The address of the investor contract is here https://etherscan.io/address/0xEE5825d5185a1D512706f9068E69146A54B6e076
Off-Chain Vote
At least once a week
0 0%
At least once every two weeks
0 0%
Timeline
Feb 20, 2021Proposal created
Feb 20, 2021Proposal vote started
Feb 22, 2021Proposal vote ended
Sep 28, 2024Proposal updated