How F(x) Protocol Works: FXN, fETH, xETH
30 Dec 2024 1 minute read 0 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ
Today I would like to talk about a particular protocol called F(x) that manages 2 ETH derivatives: a low volatility one (a kind of stablecoin) and a leveraged ETH perp. Imagine that ETH is split into 2 components. The collateralization ratio should b...