Why this Ex-Facebook Lead loves Frax w/ Ken Deeter - Flyhweel #52
Flywheel DeFi
00:00
The Importance of Chain Liquidity
Shane: I definitely think a, it's more of an accounting and labeling thing in my opinion. The day that we see JUSD dropping on the curve proposal to request for a gauge is when like, all right, like that's the look, Ma, we made it moment. It could theoretically just rebrand it, rebrand the yield distribution of the T-bill as a marketing spend for on chain promotions via bribes. They would literally be bribing with US dollars, which is unseen, never seen before.
Transcript
Play full episode
