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Flywheel DeFi
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In this episode the Flywheel team DeFi Dave and Kiet interview Sam Kazemian, the founder of Frax, to discuss the launch of Fraxtal, a modular L2 blockchain. We grill Sam Kazemian on what we should expect from Fraxtal, how it will function with Flox, boosting, and blockspace incentives. We also discussed the long-term view of Frax and their goal of becoming the largest issuer of important units, including USD, ETH, and BTC.
Chapters
00:00 Introduction
03:09 The Launch of Fraxtal and the Fraxtal Era
05:05 Understanding Fraxtal as a Modular L2 Blockchain
08:23 The Difference Between Monolithic and Modular Blockchains
11:32 The Benefits of Modularity in Fraxtal
13:52 Why FXS is King in the Fraxtal Ecosystem
16:40 The FLOX Mechanism and Block Space Incentives
20:56 Boosters and the Role of veFXS
26:43 The Importance of Mechanism Design in Frax
37:05 Frax's Long-Term View and Building for the Future
40:18 Frax's Track Record in Mechanism Design
43:39 The Significance of frxBTC
50:53 Frax's Approach to Building and Collaboration
54:06 Frax's Long-Term Vision and Commitment
57:48 Conversion of Fractal Points to veFXS
58:44 Scenarios for Fractal Points Conversion
01:03:54 Fraxtal's End Game: Interoperability and Global State
01:12:23 Upcoming Speaking Engagements and Fraxtal Launch
01:16:26 Summary and Takeaways
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Follow Flywheel
Twitter: https://twitter.com/FlywheelDeFi
Telegram: https://t.me/FlywheelDeFi
YouTube: @flywheeldefi
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Connect
DeFi Dave: https://twitter.com/defidave22
Kiet: https://twitter.com/0xkapital_k
Sam: https://twitter.com/traders_insight
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
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