StockFi: First Post‑DeFi Summer Kingmaker for Stablecoins
'StockFi' as I call it, will be the first kingmaking opportunity since DeFi summer for stablecoins, AMMs, & lending markets that uniquely seize the opportunity proactively. First step function onchain since 2021-22. We've been preparing for it internally at Frax since last year.
Frax Leads with Early, Robust Cross‑Chain Security Measures
At Frax, we did all of these mitigations immediately & more at the very beginning before rolling out our frxUSD LZ mint-burn mesh. I'm surprised how many other projects didn't. We use our own libraries (no external entity can upgrade...
EF Breaks Neutrality to Support Right Action, Inspires Frax Builders
Major props to EF & @VitalikButerin for this. First time I've seen EF intervene in something that's objectively right but would have gone against their 'credible neutrality' ideology. More of this. Makes me proud to build @Frax in the Ethereum...
Stablecoins over Government Checks for AI-Driven Abundance
Bro literally builds rockets, robots, & AI but still says "checks" when talking about finance like it's the 90s. Please just say stablecoins, Frax can help build it, others can help, literally anything other than "checks issued by the government"...
No Official Proof of Iran Accepting Specific Cryptocurrencies
Genuinely asking, is there any formal confirmation from Iranian officials about which cryptocurrency they’re accepting or any ships that have confirmed being offered passage for crypto? AFAIK all mentions of USDT USD1 & BTC have zero sources/proof.
Circle Must Act Fast to Prevent Massive Hack Losses
Agreed & hope Circle reconsiders their stance quickly since it's a big error that will lead to many millions more USD lost in hacks before they change their mind. Even as a "competitor" with $frxUSD, we have 24/7 comm channels...
Seeking openClaw Founder's Genuine Stance on Crypto Innovation
It would be great to formally hear the openClaw founder @steipete’s actual beliefs about crypto/stablecoins as a technology separate from the frustration he had to endure with crypto scam/spam abuse that he described on Lex (which I greatly sympathize with). Does...
Autonomous Ethereum Code Mirrors AI Risks, Threatens Humanity
I fail to see how @VitalikButerin’s critique of autonomous AI doesn’t exactly apply to autonomous code (aka smart contracts). Let me ctrl+F+replace “Conway/AI” for “Ethereum.” ——————- Bro, this is wrong. Lengthening the feedback distance between humans and financial code is not a good...
Longevity Boosts Reputation, Drives DeFi Growth
100% true & best advice I give others as well. Internally at Frax, we call this "cockroaching it." 🪳 It's even more true for stablecoins & DeFi as the longer you're around, the more lindy you get for having a...
True Moats Are Hard Coordination Challenges, Not Simple Edges
Everyone talks about "moats" in tech/crypto and whether this or that is a "moat." A moat, by definition, is something everyone wants to do but is very hard to coordinate+build. The harder something is, the more of a moat it...
Frax Powers First On‑Chain KRW Stablecoin on Base
This is exactly why I'm so bullish that Frax is the infra+issuance provider for @KrwqCash, the first KRW stablecoin already live on @base with real liquidity+usage onchain.
Digital Silver Outshines Gold: Industrial Utility Drives ETH Value
I've advocated digital silver for a long time as the most salient $ETH asset framework because silver's industrial utility makes up a majority of its commodity mcap & flows while gold's is reverse: majority jewelry+bullion SoV. And best of all,...
L1 Tokens: City-State Equity, Not Just Tax Receipts
The central point in the @hosseeb & @santiagoroel debate: what do most L1 tokens actually represent? Is owning ETH like owning a piece of a great city-state like Singapore or does it only represent a shitty tax receipt/municipal bond...
Monetary Premium Is the Sole Crypto Moat
The only crypto moat is monetary premium. Not IO, not orderbook depth, not UIs, not licenses, not low fees etc. Just monetary premium like real stablecoins & SoV tokens. No exceptions.
Governance Tokens Capture Value Through Control and Incentives
"How does the governance token capture value?" https://t.co/evILfkPiCA