Stablecoins Past, Present, and Future w/ Robert Sams & Sam Kazemian - Flywheel EP #3
Flywheel DeFi
00:00
Frax: The Future of Cryptocurrency
Frax is a system of algo stablecoins that will be launched in 2019. It's based on the sign right shares model, but with exogenous assets like debt and equity. The idea here is you can have some algorithmic component where it does not have hard assets,. But that the exchange rate is basically stabilized by changing the supply.
Play episode from 17:44
Transcript
