Where Frax Fits In The Modular Thesis
The modular thesis is growing week by week. We are seeing the rise of new L2s and appchains happening at a rapidly accelerating pace now. Our second podcast as a team featuring Sam Kazemian from Frax Finance is here. Frax started its journey as a decentralized stablecoin and has expanded significantly to include a broader range of DeFi tools and assets, making their modular L2 more appealing from our POV. The backbone of Frax's operations is its modular L2, Fraxtal, which brings together protocols, liquidity, and monetary policies within one chain. Fraxtal enhances efficiency and…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.