DeFi by Design EP71: FRAX Stablecoin Strategy Debunked
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…
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