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Everything You Need to Know About Frax in 2023 - Sam Kazemian, Frax Finance, Ep. 226

The Blockcrunch Podcast

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Frax Seed - Is There Any Demand for Stablecoins?

Fex seed is a staked token that has zero percent interest. If you just hold frax seed, right, you're using it to send ETH to people or you're use it to market,. make an AMM pair or something like that, you earn zero percent. That's the only way to measure organic demand of frax seed as a currency. USDC and Die on chain, they have a lot of organic spot demand which is just another way of saying people hold it idle and They don't expect to get paid an interest rate.

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