Episode notes
In today's deep dive, we chat with Crouger and Kmets from Aladdin DAO🧞♂️. Get ready as we explore the innovative primitive they're crafting with f(x) Protocol 🛠️!📐DeFi Primitives: The foundation stones of our crypto universe. Discover why Uniswap and Compound's simple ideas are groundbreaking in our latest article.📜Dive 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! 📈📉🍫 Kmets simplifies it for us: fETH is the precious chocolate core of an M&M, while xETH is the protective shell.📊 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. 🚫🔒⚠️ What if xETH crashes to 0? We discuss the potent ...
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