Why Frax and Curve Are Inevitable w/DeFi Cheetah - Flywheel #40
Flywheel DeFi
00:00
How Does This Curve Versus Uniswap Debe Come About?
I think when it comes to Ponzis and Ponzus and Ponzinomics, what makes something a Ponzi is the incentives. So for decentralized exchange to be robust enough at the end of the day your target would be to make yourself inevitable as the crypto industry develop. That's straightforward. I'm not saying that the simplicity is bad but over simplification of things could lead to who jumped to some misleading conclusion. And first, stablecoins now with LSDs and maybe future stablecoins. It seems like the curves place in DeFi is pretty solidified But place of pricing determination for all pegged assets.
Transcript
Play full episode
