Ep 27 - 25 October 2021 - I.O.W with Frax Finance Co-founder - Sam Kazemian

Dropkickdarren and Mark11 sit down with the Frax Finance Co-founder, Sam Kazemian!

Fresh off the plane from Dubai, Sam sits down with us to talk about the synergies between FRAX, OHM, and TOKE, Frax v3, and why Bitcoin can never be a currency...

What we touch on:

Sam’s Crypto background (0:54)

Past stablecoins experiments (4:06)

How a partially collateralized stablecoin mimics Central Banks (4:50)

Frax origins (7:37)

Sam’s introduction to Olympus (9:16)

FRAX V3 and AMO’s - Automated Market Operators (10:57)

The synergy between TOKE, FRAX, and OHM (20:02)

FRAX balance sheet (26:28)

How does FRAX AMO's work? (31:26)

FRAX and Olympus PRO (32:56)

FRAX price index (FPI) (34:17)

Tracking off-chain CPI metrics (38:51)

Frax’s decentralization ratio (42:31)

How the FPI would be backed by OHM (47:30)

Collaborations with intellectuals on the FPI (49:35)

Why Bitcoin can’t be a currency (51:50)

Coase’s Theory of the Firm and how it applies to crypto (55:53)

FRAX partnership with GMX and zkSync (1:00:59)

Gamifying Governance (1:02:53)

Regulatory risks for stablecoins and protocol founders (1:06:01)

Crypto conferences (1:08:51)

Closing remarks (1:10:55)

Useful links-

Great analysis on Frax Finance:

https://www.mechanism.capital/frax/

Coase's Theory of the Firm:

https://onlinelibrary.wiley.com/doi/full/10.1111/j.1468-0335.1937.tb00002.x

We touch on a lot in this one Ohmies, how did we do?

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Sam Kazemian:

- Twitter: https://twitter.com/samkazemian

- Frax Finance: https://twitter.com/fraxfinance

Olympus Agora:

- Twitter: https://twitter.com/AgoraDispatch

- Medium: https://medium.com/@agoradispatch

Hosts:

- Dropkickdarren: https://twitter.com/dropkickdarren

- Mark11: https://twitter.com/Mark11ETH

If you're looking to contribute to the podcast- or think you can add something to our product quality, what are you waiting for Ohmie? Come and join us in the OlympusDAO discord!

https://discord.gg/9BcV6DM8