Crouguer and Kmets are anonymous core contributors at AladdinDAO, which created f(x) Protocol.

In this episode, we cover the newest ETH purist stablecoin and leverage tokens, fETH and xETH by f(x) Protocol. Over the last few years, many have learned how unreliable it is holding stablecoins backed by fiat currencies in a sovereign banking system. The team at AladdinDAO have recently launched a new protocol which splits ETH into a mix of low volatility floating stablecoins called fETH and high volatility leverage ETH tokens called xETH. The net result is marrying the needs of those who want a stablecoin that is stable, reliable, scalable, and native to Ethereum with those who want non-liquidatable, funding-rate-free leveraged ETH exposure. Learn about the countless use cases possible with this LSTfi stablecoin and leverage token before the next bull market hits!

------

🔗 Essential Show Links 🔗

► Subscribe on Youtube: https://youtube.com/@defidad

► Subscribe on Apple: https://tinyurl.com/edgepod

► Subscribe on Spotify: https://tinyurl.com/edgepodspotify

► Subscribe on Linktree: https://linktr.ee/edge_pod

► Follow DeFi Dad: https://twitter.com/DeFi_Dad

► Follow Nomatic: https://twitter.com/Nomaticcap

► Learn about DeFi and Web3: http://defidad.com/

------

The Edge Podcast Sponsor Resources

⚖️ KYBERSWAP | DEX AGGREGATOR, AMM, AND KYBER AI TRADING ANALYTICS

🥑 INSTADAPP | THE NEW AVOCADO SMART CONTRACT WALLET

⛩️ UTOPIA | PAYROLL AND EXPENSE MANAGEMENT FOR DAOS

🙋‍♀️ Interested to sponsor The Edge Podcast? Fill this out!

------

Timestamps

00:00 - Intro

4:31 - Kmets and Crouguer's background

9:03 - How to pronounce f(x)

9:53 - What is f(x) Protocol and why do we need it?

13:57 - The status quo without fETH and xETH

18:44 - What dictates the variable leverage for xETH?

23:32 - Creating demand for fETH and xETH

31:00 - Thoughts on the current split between fETH and xETH

34:42 - When users might opt of fETH vs xETH

35:54 - fETH is meant to be the ultimate stablecoin

40:56 - Considerations with xETH variable leverage

46:17 - UX for minting xETH or fETH and the Rebalance Pool

50:40 - Closing and Crouguer's alpha on f(x)

------

🔗 Guest Links 🔗

► f(x) Protocol website: https://fx.aladdin.club/

► Kmets on Twitter: https://twitter.com/kmets_

► Crouguer on Twitter: https://twitter.com/cryptocrouguer

► f(x) Protocol on Twitter: https://twitter.com/protocol_fx

► AladdinDAO on Twitter: https://twitter.com/aladdindao

► Discord: https://discord.com/invite/uSAUmXc2jw

------

🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/

All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

Episode ID: 1000627896204

GUID: 3481c15f-a0a1-4e24-b8ae-af73b9eccbd8

Release Date: 14/09/2023, 21:51:51