continued from part 1 due to Substack email size limit
Frax
Frax and Terra are the only two large scale, successful (stable peg history) protocols based on a seigniorage share model.
DeFi Education covered Frax last December (Read Part 1 | Part 2 ) and we have an overview of stablecoins here.
Product Updates - the Frax Price Index
The Frax Price Index is a c…