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Ep: 475 The Central Bank of DeFi With Sam Kazemian of Frax

CRYPTO 101

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The Freacks Economy Is a Diverse Economy

Fracks is more of an economy rather than an ecosystem because I think if you're trying to basically measure the usefulness of the currency right how much it's used and things like that. So fracks doesn't do anything off chain in terms of like any like the protocol does not hold any assets off chain but there are a lot of ways people can get started with yield farming, stablecoin staking or lp trading. None of this is an investment advice or anything but they're fairly low risk in terms of their just stable coin staking and they're in curve which is  a blue chip tax in there.

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