FPI Controller Pool
Last updated
Last updated
The FPI Controller Pool has various helper functions related to FPI and its peg, such as minting and redeeming FPI.
FPI Controller Pool: 0x2397321b301B80A1C0911d6f9ED4b6033d43cF51
Users can mint FPI with FRAX or redeem FPI for FRAX. There is a small fee associated with this, initially 0.30%.
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.
The contract can lend FRAX collateral to various AMOs that earn yield (among other things).
