Frax - Page 2
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![Head to head with Sam Kazemian of Frax Finance](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fe4f21516c3c753af5d5386dcf5b098b1c431df56-1280x720.jpg&w=828&q=75)
Head to head with Sam Kazemian of Frax Finance
Frax is the world’s first fractional-algorithmic stablecoin. The Frax Protocol introduced the world to the concept of a cryptocurrency being partially backed by collateral and partially stabilized algorithmically.
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![Frax Founder Pins $25B Stablecoin Supply Drop on Fed Rate Hikes](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F2ada4aaed529ad275af681d58b2d9aec9d34c22d-880x495.png&w=828&q=75)
Frax Founder Pins $25B Stablecoin Supply Drop on Fed Rate Hikes
The market capitalization of dollar-pegged stablecoins has dropped by $25B in the wake of Terra's collapse.
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![Proposal to Build Sushichain Catches Eyeballs, Raises Eyebrows](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F75dc1d533150994390dcd3ad1eeccf3a1cdf710a-699x452.png&w=828&q=75)
Proposal to Build Sushichain Catches Eyeballs, Raises Eyebrows
First came the tweet, then countless discussions and debates followed. Within days, voila! A governance proposal materialized. This pattern is rapidly becoming the norm for DeFi protocols. This time the initiator was Sam Kazemian, the founder of Frax Finance, a protocol for a fractional-algorithmic stablecoin. His tweet suggested that Sushiswap, the automated market maker, should…