Protocol
Assets
Frax Price Index
FPI Controller Pool

FPI Controller Pool

Description

The FPI Controller Pool has various helper functions related to FPI and its peg, such as minting and redeeming FPI.

FPI Controller Pool: 0x2397321b301B80A1C0911d6f9ED4b6033d43cF51

Mint / Redeeming

Users can mint FPI with FRAX or redeem FPI for FRAX. There is a small fee associated with this, initially 0.30%.

twammToPeg

The twammToPeg function is used by the protocol to introduce market pressure to bring the market price of FPI up (or down) to the target peg price.

giveFRAXToAMO / receiveFRAXFromAMO

The contract can lend FRAX collateral to various AMOs that earn yield (among other things).

Code