@Samkazemian A very broad question and this may well have

Question

@Samkazemian A very broad question and this may well have

been covered by one of podcasts (e.g. Flywheel) that I haven't caught up with. But what's the vision for attracting defi protocols to Fraxchain. Why should they spend time/money deploying on Fraxchain compared to all the other existing/emerging L2s out there?

#cryptocurrency #english #frax

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27.12.2023

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horse-shaped-smyl Автор вопроса

Sam Kazemian ¤⛓️¤
That's a great question and also deserves a broad ...

Very interesting, thanks Sam. I'm sure the incentivisation is critical - points systems seem very popular right now but I'm sure you're think of other aspects to this too :). Is Fraxchain trying to do everything though? DA in particular seems to be something that could get fairly commoditized. Will Fraxchain incorporate many modular components or will it be highly vertically integrated with Frax itself developing a high proportion of the infrastructure?

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5 месяцев назад

Sam Kazemian ¤⛓️¤

horse-shaped-smyl
Very interesting, thanks Sam. I'm sure the incenti...

The second part to your question is a bit hard to answer but to put it simply: we believe in a lot of things being vertically integrated but certain aspects like a DA, consensus, and execution being modularized. But something like base financial primitives like the root stablecoin, root units of account etc should be vertically integrated (like how Apple integrates its hardware and software but people can still build apps on top of Apple computers).

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5 месяцев назад

Sam Kazemian ¤⛓️¤ · Accepted Answer

That's a great question and also deserves a broad but accurate answer. To put it simply: Fraxchain is not an app specific chain, it's a general compute/purpose chain. So in order for its blockspace to be highly valuable, both developers and users have to be able to earn more by deploying and using Fraxchain compared to other networks. Our primary goal is to make sure that's the case from the beginning with both blockspace and point incentive mechanisms that are totally brand new and haven't been seen before. Thus, if the decision is between using some other chain as DA, deciding what location to deploy your application, or even which chain to bridge your assets to for yield, Fraxchain should always be the more profitable place for those things if we execute on the vision properly.

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@Samkazemian A very broad question and this may well have

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