DeFi by Design EP#71: FRAX Stablecoin Strategy Debunked

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.

Cheers,

Andy

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ConnextBuild Web3 applications that can securely interact with users, tokens, and other applications on any chain – just like on the web. Learn more here.


 

Jumper Exchange A truly multi-chain exchange. Aggregating the best in the business for bridging, swapping, and onrampingLearn more here.


 

Cartesi is an application-specific rollup protocol with a Linux runtime. Scaling Computation. Transcending EVM Limitations. Learn more here.


 

Disclaimer: Please be aware that investing in cryptocurrency and DeFi platforms involves risks like technical glitches and human errors. We may receive commissions for featuring certain projects, which will be clearly noted. Our content is educational only and not financial advice; we are not licensed advisors.


 

 

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