CryptoMaid加密女仆お嬢様 .stand|Nov 21, 2025 01:05
A few additional points to the first strategy guide
Is it Big Hair?
I'm not sure, although it's one of the five major defi, a 6-year-old old agreement may not necessarily produce big profits. But the zero wear and tear grooming strategy. What if it's not Big Hair?
Method 3 is not very effective, but after testing, the revolving loan has the highest efficiency. The YT strategy is not zero wear and tear, and its efficiency is average
3. frxUSD: @ fraxfinance, the main stablecoin of the new era @ frax
In 2024-2025, Frax will undergo a comprehensive upgrade of its stablecoin system, with the most core changes being:
FrxUSD will gradually replace the old stablecoin FRAX as the base currency and core collateral of Fraxtal (Frax L2).
But the collateral token generated after frxusd is mortgaged is still called sFRAX!
Compared to FRAX, frxUSD has three major advantages:
3.1 Clearer architecture: frxUSD is a "non revenue stablecoin unit", while sFRAX is its revenue version, and role separation makes system risk more controllable.
3.2 Cross chain native: Designed specifically for the Fraxtal chain, it is more suitable as a benchmark currency for L2 gas, collateral, and liquidation.
3.3 Deep binding with FXTL points system: Most incentive, governance, and clearing paths on Fraxtal are priced in frxUSD, making it a unified unit of the ecosystem.
This adjustment means that the old era of frax (FRAX/FXS) is fading out, and in the future, all liquidity and governance priorities will revolve around frxUSD+sFRAX.
If the revolving loan variety of Method 2 is changed from FXB2029 in the AMM pool to FXB2055 in the BAMM pool, the mining efficiency will be higher
Because the multiplier of FXB2029 is only 27.68 times as shown in the figure, while the multiplier of FXB2055 is 130.5 times
four point one
Some research on Bamm pool
BAMM (Backstop AMM) is the clearing and receiving core module of the Frax ecosystem. It is not a regular AMM, but a "backing liquidity engine" that automatically starts when the stablecoin system is under pressure.
Its design purpose is threefold:
Accepting risky assets at a discount (such as collateral that needs to be liquidated)
Automatically restore the proportion of pool assets to avoid systematic disconnection
Provide 'last buyer' for stablecoins in extreme market conditions
From a mathematical logic perspective, BAMM combines:
Discount pricing function
Risk weighted balancing
Liquidation load feedback signal
Thus forming an automated market making system that is more intelligent and risk resistant than ordinary AMMs.
Similar designs include:
Curve's LLAMMA
Euler/Aave Risk Pool (Safety Module)
MakerDAO Keepers (Clearing Robots)
Conclusion: The entire Frax system is being reconstructed around frxUSD+BAMM
FrxUSD: New System Base Currency
SFRAX: Main Income Stable Coin
BAMM: System Clearing+Liquidity Stability Source
FXTL: Fraxtal L2 Incentive Core
These four factors work together to form Frax's new financial architecture, making it far superior to traditional stablecoin projects.
Two words: come and dig!
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