Liquidations can feel like getting thrown out of an airplane. On most platforms, if prices drop and collateral gets too low, you hit the ground and get rekt. @protocol_fx is different. Auto-deleverage is your parachute. It slows the fall so you can adjust and survive. 🧵 $FXN

The golden age of $FXN still lies ahead. FIP-17 will soon route more fees to $veFXN. Limit orders are in audit and could wrap any day. Base deployment is in the works, with a $bFXN tokenomics explainer dropping right after limit orders go live. Few.

Let me get this straight. Right now 0% of $wstETH staking yield from $ETH xPOSITIONs goes to @protocol_fx Treasury. FIP-17 changes it to 50% at $250M $fxUSD and 100% at $500M. Treasury pays 75% to $veFXN holders, so APR goes up. And you're still not buying $FXN? Couldn't be me