
Everything you need to know about FrxETH with Core Dev Jack Corddry - Flywheelpod EP #18
Flywheel DeFi
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Frax ETH - What's the Design Decision?
Frax ETH is kind of our native weath or you can think of it like ETH and ETH. We have a stablecoin or ETH within our ecosystem which is really important because it kind of unlocks a lot of ability for us. Frax ETH will always be 1 to 1 pegged and S-Frax ETH can float and have the increasing exchange rate. LIDO actually has like a wrapped version which isn't rebasing but some of this will kind of work for us out of the box.
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