Frax Seed - Is There Any Demand for Stablecoins?

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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.

Crypto markets are off to a bullish start in the new year, and one of the projects that have renewed a ton of community interest is Frax - the only semi-algorithmic stablecoin that has actually persisted throughout 2022’s thick and thin without depegging.

Today, we have Sam Kazemian, Founder of Frax, to share with us:

How Frax’s 5 products all tie together in 1 unifying vision
Frax’s roadmap in 2023
Frax’s liquid staking ETH versus others

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00:00) – Introduction to Frax

(00:04:10) – Major milestones for Frax in 2022

(00:07:12) – Frax’s 2023 roadmap

(00:13:25) – Decentralization vs Capital Efficiency vs Scaling

(00:21:20) – Frax as the central bank of DeFi

(00:27:15) – Frax’s version of liquid staking ETH

(00:45:04) – Path to decentralizing the ETH PoS validator distribution

(00:50:50) – Handling slashing

(00:55:54) – Frax’s yield mechanism on staked ETH

(00:59:38) – Major initiatives to increase Frax adoption

More Resources:

Guest

Frax’s Twitter: https://twitter.com/fraxfinance

Sam Kazemian’s: https://twitter.com/samkazemian

Blockcrunch

Blockcrunch VIP: https://blockcrunch.substack.com/

Blockcrunch Twitter: https://twitter.com/theBlockcrunch

Jason Choi’s Twitter: https://twitter.com/mrjasonchoi

Disclosures:

The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.