FRAX & the 4pool Curve Takeover | Sam Kazemian

<p>Sam Kazemian is the founder of Frax, the fractional-algorithmic stablecoin protocol. After co-founding the decentralized Wikipedia startup Everipedia, Sam set out to pioneer the algorithmic stablecoin space. The FRAX stablecoin now has a market cap of over $2.6 billion, and the protocol’s FXS governance token is up 300% in the last year. </p> <p>In this episode, we explore the Stablecoin Wars, in which different protocols compete for liquidity and composability in DeFi. Sam brings a 1st-person perspective into the developments surrounding UST and the recently launched 4pool on Curve, which consists of stablecoins UST, FRAX, USDT, and USDC.</p> <p>A highlight of this conversation is Sam’s parable of an archetypal central bank, in which he cruises through a number of salient takes on money markets and macroeconomics. There is a lot to learn about this Cambrian explosion of financial technology, and Sam is a great teacher. Stick around to find out why walked away from this conversation bullish on Frax.</p> <p>------<br /> 📣 M·A·C: NFT | Keith Haring Collection for a Good Cause<br /> <a href= "https://bankless.cc/MAC">https://bankless.cc/MAC</a> </p> <p>------<br /> 🚀 SUBSCRIBE TO NEWSLETTER:          <a href= "https://newsletter.banklesshq.com/">https://newsletter.banklesshq.com/</a>  <br /> 🎙️ SUBSCRIBE TO PODCAST:                 <a href= "http://podcast.banklesshq.com/">http://podcast.banklesshq.com/</a>  </p> <p>------<br /> BANKLESS SPONSOR TOOLS: </p> <p>⚖️ ARBITRUM | SCALED ETHEREUM<br /> <a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a> </p> <p>❎ ACROSS | BRIDGE TO LAYER 2<br /> <a href= "https://bankless.cc/Across">https://bankless.cc/Across</a> </p> <p>🏦 ALTO IRA | TAX-FREE CRYPTO<br /> <a href= "https://bankless.cc/AltoIRA">https://bankless.cc/AltoIRA</a> </p> <p>👻 AAVE V3 | LEND & BORROW CRYPTO<br /> <a href= "https://bankless.cc/aave">https://bankless.cc/aave</a> </p> <p>⚡️ MAKER DAO | THE DAI STABLECOIN<br />  <a href= "https://bankless.cc/MakerDAO">https://bankless.cc/MakerD