Algorithmic Stablecoins Series: Sam Kazemian of Frax Finance

Jan 5, 2021

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Chain Reaction Host Tom Shaughnessy hosts Sam Kazemian, the Founder of Frax Finance to discuss the project. This is the second in a series of podcasts on Algorithmic stablecoins. The trio discuss Frax’s creation, technicals around expansion/contraction of supply, competition, risks and much more including why Frax could be the most stable vs its competitors.

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Show Notes

(2:02) – (First Question) - Sam Kazemian's Background. (4:37) – Frax Finance Elevator Pitch. (10:39) – What is being used as Collateral in Frax. (15:50) – Frax Stablecoin vs FXS governance token. (18:23) – Relation between USDC and FXS / Insights about the process. (21:11) – Insights about the Value Capture. (23:34) – The growth process. (25:33) – Where is the Collateral pool kept. (28:48) – What happens when the price of FRAX goes sub $1. (33:18) – How do people earn more of the Governance Token / Rewards Walkthrough. (36:11) – How APY could offset Impermanent Loss. (38:21) – How the Supply of FXS could get absorbed. (39:27) – How many people are Time Locking their Stake. (42:04) – Once you use all the Yield Farming Rewards, What's next. (47:42) – The Dichotomy between ESD and Frax. (54:35) – Where to find Sam Kazemian.

Music Attribution:

Cosmos by From The Dust | https://soundcloud.com/ftdmusic
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Creative Commons Attribution 3.0 Unported License
https://creativecommons.org/licenses/by/3.0/deed.en_US

Resources:

Sam’s Twitter: https://twitter.com/samkazemian
Frax’s Website: https://frax.finance/
Tom’s Twitter: https://twitter.com/Shaughnessy119
Delphi Podcast Twitter: https://twitter.com/PodcastDelphi

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