EP 26 - Sam Kazemian of Frax wants to replace the Consumer Price Index(CPI) to make finance fair for everyone

<h2>How Frax is working to replace the CPI with a better, fairer model for an algo stablecoin that will benefit everyone.&nbsp;</h2> <p><strong>Guest Info</strong></p> <p>Name of Guest: Sam Kazemian<br> Name of Project: Frax Finance<br> Twitter URL of Guest: <a href="https://twitter.com/samkazemian" rel="noopener" target="_blank">https://twitter.com/samkazemian</a><br> Project Twitter URL: <a href="https://twitter.com/FraxFinance" rel="noopener" target="_blank">https://twitter.com/FraxFinance</a><br> Project URL: <a href="https://frax.finance/" rel="noopener" target="_blank">https://frax.finance/</a><br> Previous Episode with Sam: <a href="https://bit.ly/3DeDPxZ" rel="noopener" target="_blank">https://bit.ly/3DeDPxZ</a></p> <h2>Show Notes</h2> <p>600 million Frax in circulation and growing 10s of millions weekly<br> FPI ships in late November/early december<br> Frax dollar pegged stablecoin<br> FPI CPI plus inflation factor.</p> <p>How the Frax Price Index works.</p> <p>Treasury system and high yielding stablecoin system<br> Similar to OHM, but no bonds<br> No bonds = partner with Olympus</p> <p>FPI stablecoins<br> FXS governance vfxs Frax FXS airdrop</p> <p>Frax stablecoin algo fractional<br> Targets the exchange rate of coins out in the open market<br> Frax expands or contracts in different protocols</p> <p>Curve LP tokens earning a yields<br> Frax supply needs to contract<br> Burns the supply</p> <p>Depending on the market<br> Exactly<br> Dai using the same model<br> LAMM Lending AMM<br> #AllRoadsLeadToFrax</p> <p>The emotions around having MakerDao copy explicitly how Frax works.</p> <p>Other things that they've developed that others will use at other stablecoins<br> Uniswap v3</p> <p>Regulatory<br> USDC USDT<br> Tradfi collateralized<br> Paper behind<br> No link with tradfi collateral</p> <p>What are you doing from a biz dev perspective?</p> <ul> <li>Other projects?</li> <li>IRL</li> </ul> <p>Balajis - online talk about decentralized ID<br> Compartmentalize them<br> Inflation show</p> <p>Want it to be?<br>