Frax Year in Review 2022: The DeFi Trinity is Born - Flywheel #32
Flywheel DeFi
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What's Your Thoughts on a January?
Frax was like an all time high. People were super excited about the DeFi Trinity. FXS just got added a convex, like lots of excitement around Frax. And then, you know, a few threads like this, like the central bank of crypto by Andrew Kang came out. It makes the argument of like Frax becoming the settlement layer for all stablecoins in DeFi,. which is pretty cool.
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