Sam Kazemian is the Founder of Frax Finance.
In this episode, we go deep with one of DeFi's most accomplished builders. Sam launched Frax Finance in 2020, being one of the earliest stablecoins to launch in the new era following DeFi Summer. We talk with Sam about how Frax has managed to thrive in such a competitive sector of DeFi, while leveraging a positive-sum strategy to not only grow Frax stablecoins but also some of their fiercest competitors. We also discuss their newest stablecoin pegged to 1 ETH called frxETH, which as of this recording, is #4 in total staked ETH among LSTs just behind Rocket Pool (even though frxETH isn't intended as an LST)!

THIS IS NOT A RECOMMENDATION OR ENDORSEMENT TO BUY ANY TOKEN OR NFT RELATED TO ANY PLATFORMS DISCUSSED.  
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Topics Covered  
00:00 - Intro
02:50 - Sam's background
06:30 - The origin of Frax Finance
10:40 - The Frax suite and The DeFi Trinity
16:25 - Stablecoin Maximalism
23:30 - Frax positive-sum strategy
33:45 - Why Sam and Frax bet on Curve and Convex
44:30 - How FRAX could be backed by Fed deposits
52:30 - Why the Frax Price Index (FPI) exists
53:30 - frxETH and backing it with other LSTs
57:45 - What's next for Frax 01:00:30 - frxETH as a WETH replacement
01:05:20 - Closing
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Guest Links  
Sam Kazemian on Twitter: https://twitter.com/SamKazemian
Frax Finance on Twitter: https://twitter.com/FraxFinance
Learn about Frax Finance: https://frax.finance/ 
Frax Facts: https://facts.frax.finance/ 
Frax Convex Booster: https://frax.convexfinance.com/ 
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All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research.