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

Flywheel DeFi

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

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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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