How f(x) Protocol is Building a Novel DeFi Primitive w/ Aladdin DAO - Flywheel #73
Flywheel DeFi por DeFi Dave, kapital_k
Notas del episodio
In today's deep dive, we chat with Crouger and Kmets from Aladdin DAO๐งโโ๏ธ. Get ready as we explore the innovative primitive they're crafting with f(x) Protocol ๐ ๏ธ!๐DeFi Primitives: The foundation stones of our crypto universe. Discover why Uniswap and Compound's simple ideas are groundbreaking in our latest article.๐Dive into the basics: Get familiar with f(x) Protocol's new offering that divides LSD ETH into fETH & xETH. Think of fETH as the calm amidst ETH's storm, while xETH magnifies its price shifts! ๐๐๐ซ Kmets simplifies it for us: fETH is the precious chocolate core of an M&M, while xETH is the protective shell.๐ No Liquidation & No Funding Costs? Yep! xETH offers that and more. Learn how it relates to the TVL size of fETH and what happens when collateral issues arise. ๐ซ๐โ ๏ธ What if xETH crashes to 0? We discuss the potentย ...ย
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