Hash Rate - Ep 012 - 'DeFi Dave' and FRAX скачать в хорошем качестве

Hash Rate - Ep 012 - 'DeFi Dave' and FRAX

We cover the FRAX stablecoin and how it works -- then we dive into FPI, a new inflation-proof 'stablecoin' not pegged to the dollar, but to the Consumer Price Index (Balajis calls this a 'flatcoin'). One $FPI always buys the same amount of bread, fuel, etc. Frax is currently has 1% of the entire stablecoin market cap (Tether 44%, USDC 34%, BUSD 13%, DAI 4%) — TrueUSD at .7 % So there's $1.5 Billion in Frax — (versus $67B Tether, $51B USDC, $20B BUSD). We also cover Curve and the dynamics of that ecosystem and why it's needed to make any onchain stablecoin work -- and what's next for FRAX and FPI and the entire FRAX ecosystem of protocols. And we talk a bit about The Merge (since it was 'Merge Morning' when we recorded this). FRAX FlyWheelPod: https://linktr.ee/flywheeloutput $FRAX Website: https://frax.finance/ Dave on Twitter: @DeFiDave22 Join crypto exchange MEXC and use the HASH RATE link to get up to $4,100 in bonuses: https://www.mexc.com/landings/HashRate