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Everything You Need to Know About frxETH v2 w/ Sam Kazemian - Flywheel #56

Flywheel DeFi

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How to Decentralize LSDs

Fraxith, V2 is the most efficient LSD protocol because everyone that is good at running a validator will want to borrow ETH and start validating. Instead of AE, you get from all day if you deposit ETH, the AE is just Fraxith, right? And that's the token you get. The system actually helps with the two challenges I was talking about, which is making sure that the most performant node operators always are the ones running nodes. But this makes it twice as efficient as rocket pool, which is currently eight.

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