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Why this Ex-Facebook Lead loves Frax w/ Ken Deeter - Flyhweel #52

Flywheel DeFi

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The Future of Stablecoin Maximalism

Stablecoin maximalism is basically this three pronged system where you have the main stablecoins. You have the risk-free rate, whatever is the safest asset that whatever of said reference peg up the stable coin. And then you have the swap facility. So that could either be dollars to stablecoin, curve pool. That's basically stablecoin maximalism in a nutshell.

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