Company
Frax Finance
1 interview on Crypto Coin Show
Frax Finance is a decentralized finance protocol that develops stablecoin infrastructure and related DeFi applications. The project focuses on creating decentralized stablecoins as an alternative to centralized stablecoin offerings in the cryptocurrency ecosystem.
28:03Interview · Dec 2, 2022Sam Kazemian on decentralized stablecoins and DeFiAshton Addison speaks with Sam Kazemian, Founder of Frax Finance on the future of Stablecoins, USDT and USDC vs decentralized stablecoins like FRAX, how integral stablecoins are to DeFi, and how Frax Finance is building an entire DeFi ecosystemWatch the episode →Market
Market data: CoinGecko. Full FRAX price page →
Project links
Links go to official Frax Finance channels. Always verify before connecting a wallet.
What Frax Finance told us
0 moments · 1 interviewIn their own words on Crypto Coin Show. Tap Watch to jump to that exact moment.
- SKSam Kazemian · Sam Kazemian on decentralized stablecoins and DeFi
- Stablecoins fall into two main categories: fiat-backed coins like USDC and USDT, and decentralized on-chain stablecoins like Frax and MakerDAO's DAI.
- Frax uses a fractional reserve model similar to traditional banking but operates entirely on-chain with smart contracts, avoiding algorithmic stablecoins that failed like Terra.
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