Our guest today is Tao Wang from f(x) protocol, a novel DeFi protocol enabling the creation of decentralized stablecoins and non-liquidatable leverage tokens from any yield-bearing asset.
In this episode, we delve into fx's core concepts, exploring the relationship between its stablecoins and leverage tokens, and how it compares to other stablecoin projects like Ethena. We discuss the unique flywheel effect that f(x)'s products can generate for other DeFi protocols, and how users can farm leveraged Eigenlayer points with stablecoins through the protocol's Stability Pools. Lastly, we talk about the upcoming launch of a new Bitcoin market and what it means for f(x) and the broader DeFi ecosystem.
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Transcript not yet available.