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Everything You Need to Know About Fraxtal w/ Frax Founder Sam Kazemian - Flywheel #91

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. Read: https://flywheeldefi.com/article/7-new-things-we-learned-about-fraxtal-from-our-interview-with-frax-founder-sam-kazemian 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 ~~~~ Subscribe to the Flywheel mailing list: https://flywheeldefi.com ~~~~ Have ETH but don't know what to do with it? Swap it to FrxETH for the highest staking yields in crypto. https://app.frax.finance/frxeth/mint ~~~~ Calling all threadoors, researchers, and dashboard creators 📢 Earn rewards for your original Frax content. Learn more: https://flywheeldefi.com/p/announcing-the-frax-educational-incentives ~~~~ Follow Flywheel Twitter: https://twitter.com/FlywheelDeFi Telegram: https://t.me/FlywheelDeFi YouTube: @flywheeldefi Spotify: https://open.spotify.com/show/34xXNO2... Apple Podcasts: https://podcasts.apple.com/us/podcast... ~~~~ Connect DeFi Dave: https://twitter.com/defidave22 Kiet: https://twitter.com/0xkapital_k Sam: https://twitter.com/traders_insight ~~~~ 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. Timeline

Everything You Need to Know About Fraxtal w/ Frax Founder Sam Kazemian - Flywheel #91

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. Read: https://flywheeldefi.com/article/7-new-things-we-learned-about-fraxtal-from-our-interview-with-frax-founder-sam-kazemian 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 ~~~~ Subscribe to the Flywheel mailing list: https://flywheeldefi.com ~~~~ Have ETH but don't know what to do with it? Swap it to FrxETH for the highest staking yields in crypto. https://app.frax.finance/frxeth/mint ~~~~ Calling all threadoors, researchers, and dashboard creators 📢 Earn rewards for your original Frax content. Learn more: https://flywheeldefi.com/p/announcing-the-frax-educational-incentives ~~~~ Follow Flywheel Twitter: https://twitter.com/FlywheelDeFi Telegram: https://t.me/FlywheelDeFi YouTube: @flywheeldefi Spotify: https://open.spotify.com/show/34xXNO2... Apple Podcasts: https://podcasts.apple.com/us/podcast... ~~~~ Connect DeFi Dave: https://twitter.com/defidave22 Kiet: https://twitter.com/0xkapital_k Sam: https://twitter.com/traders_insight ~~~~ 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. Timeline

Everything You Need to Know About Fraxtal w/ Frax Founder Sam Kazemian - Flywheel #91

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. Read: https://flywheeldefi.com/article/7-new-things-we-learned-about-fraxtal-from-our-interview-with-frax-founder-sam-kazemian 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 ~~~~ Subscribe to the Flywheel mailing list: https://flywheeldefi.com ~~~~ Have ETH but don't know what to do with it? Swap it to FrxETH for the highest staking yields in crypto. https://app.frax.finance/frxeth/mint ~~~~ Calling all threadoors, researchers, and dashboard creators 📢 Earn rewards for your original Frax content. Learn more: https://flywheeldefi.com/p/announcing-the-frax-educational-incentives ~~~~ Follow Flywheel Twitter: https://twitter.com/FlywheelDeFi Telegram: https://t.me/FlywheelDeFi YouTube: @flywheeldefi Spotify: https://open.spotify.com/show/34xXNO2... Apple Podcasts: https://podcasts.apple.com/us/podcast... ~~~~ Connect DeFi Dave: https://twitter.com/defidave22 Kiet: https://twitter.com/0xkapital_k Sam: https://twitter.com/traders_insight ~~~~ 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. Timeline

Everything You Need to Know About Fraxtal w/ Frax Founder Sam Kazemian - Flywheel #91

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. Read: https://flywheeldefi.com/article/7-new-things-we-learned-about-fraxtal-from-our-interview-with-frax-founder-sam-kazemian 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 ~~~~ Subscribe to the Flywheel mailing list: https://flywheeldefi.com ~~~~ Have ETH but don't know what to do with it? Swap it to FrxETH for the highest staking yields in crypto. https://app.frax.finance/frxeth/mint ~~~~ Calling all threadoors, researchers, and dashboard creators 📢 Earn rewards for your original Frax content. Learn more: https://flywheeldefi.com/p/announcing-the-frax-educational-incentives ~~~~ Follow Flywheel Twitter: https://twitter.com/FlywheelDeFi Telegram: https://t.me/FlywheelDeFi YouTube: @flywheeldefi Spotify: https://open.spotify.com/show/34xXNO2... Apple Podcasts: https://podcasts.apple.com/us/podcast... ~~~~ Connect DeFi Dave: https://twitter.com/defidave22 Kiet: https://twitter.com/0xkapital_k Sam: https://twitter.com/traders_insight ~~~~ 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. Timeline

Everything You Need to Know About Fraxtal w/ Frax Founder Sam Kazemian - Flywheel #91

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. Read: https://flywheeldefi.com/article/7-new-things-we-learned-about-fraxtal-from-our-interview-with-frax-founder-sam-kazemian 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 ~~~~ Subscribe to the Flywheel mailing list: https://flywheeldefi.com ~~~~ Have ETH but don't know what to do with it? Swap it to FrxETH for the highest staking yields in crypto. https://app.frax.finance/frxeth/mint ~~~~ Calling all threadoors, researchers, and dashboard creators 📢 Earn rewards for your original Frax content. Learn more: https://flywheeldefi.com/p/announcing-the-frax-educational-incentives ~~~~ Follow Flywheel Twitter: https://twitter.com/FlywheelDeFi Telegram: https://t.me/FlywheelDeFi YouTube: @flywheeldefi Spotify: https://open.spotify.com/show/34xXNO2... Apple Podcasts: https://podcasts.apple.com/us/podcast... ~~~~ Connect DeFi Dave: https://twitter.com/defidave22 Kiet: https://twitter.com/0xkapital_k Sam: https://twitter.com/traders_insight ~~~~ 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. Timeline