We Dive into StableCoins, the Best Yields in DeFi, Strong designs, & more!
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DeFi Slate Fam:
Stablecoin wars are here and they are in full force. The best yields in DeFi, the strongest designs, and everything in between.
One of the OG stable coins in DeFi that has never had a 1% peg movement and has a considerable advantage over others in terms of Lindy effect (basically, its been around longer than some of the newer ones/has a better track record) is $FRAX.
Frax Finance is a fractional reserve, two-token system with the $FXS token.
The founder, Sam Kazemian joined us on this episode of DeFi By Design to explain the future of stable coins, curve/convex wars, new 4pool, his relationship with Do Kwon, and what his vision for the multi chain stablecoin world is.
Its exciting and Frax has a chance to be THE decentralized stablecoin of DeFi.
Listen closely, there’s some really good snippets in here.
🙌 Together with:
It’s officially time to start testing the first version of Synonym. Break things, provide feedback, and of course, get rewarded.👉🏽 Here
Off-chain governance. On-chain execution. Optimistically execute governance transactions on-chain where your community can approve them. Check it out Here!
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⚠️ DISCLAIMER: Investing in cryptocurrency and DeFi platforms comes with inherent risks including technical risk, human error, platform failure and more. At certain points throughout this post, we might get a commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.