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-kazemianChapters00:00 Introduction03:09 The Launch of Fraxtal and the Fraxtal Era05:05 Understanding Fraxtal as a Modular L2 Blockchain08:23 The Difference Between Monolithic and Modular Blockchains11:32 The Benefits of Modularity in Fraxtal13:52 Why FXS is King in the Fraxtal Ecosystem16:40 The FLOX Mechanism and Block Space Incentives20:56 Boosters and the Role of veFXS26:43 The Importance of Mechanism Design in Frax37:05 Frax's Long-Term View and Building for the Future40:18 Frax's Track Record in Mechanism Design43:39 The Significance of frxBTC50:53 Frax's Approach to Building and Collaboration54:06 Frax's Long-Term Vision and Commitment57:48 Conversion of Fractal Points to veFXS58:44 Scenarios for Fractal Points Conversion01:03:54 Fraxtal's End Game: Interoperability and Global State01:12:23 Upcoming Speaking Engagements and Fraxtal Launch01:16:26 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 FlywheelTwitter: https://twitter.com/FlywheelDeFiTelegram: https://t.me/FlywheelDeFiYouTube: @flywheeldefiSpotify: https://open.spotify.com/show/34xXNO2...Apple Podcasts: https://podcasts.apple.com/us/podcast...~~~~ConnectDeFi Dave: https://twitter.com/defidave22Kiet: https://twitter.com/0xkapital_kSam: 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