How f(x) Protocol is Building a N...

How f(x) Protocol is Building a Novel DeFi Primitive w/ Aladdin DAO - Flywheel #73

Flywheel DeFi by DeFi Dave, kapital_k

Episode notes
In today's deep dive, we chat with Crouger and Kmets from Aladdin DAOπŸ§žβ€β™‚οΈ. Get ready as we explore the innovative primitive they're crafting with f(x) Protocol πŸ› οΈ!πŸ“DeFi Primitives: The foundation stones of our crypto universe. Discover why Uniswap and Compound's simple ideas are groundbreaking in our latest article.πŸ“œDive 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! πŸ“ˆπŸ“‰πŸ« Kmets simplifies it for us: fETH is the precious chocolate core of an M&M, while xETH is the protective shell.πŸ“Š 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. πŸš«πŸ”’βš οΈ What if xETH crashes to 0? We discuss the potentΒ ...Β 
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