Protocol Updates (part 2 of 2)

Level 4 - Turbo Autist

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…