"History shown that lack of transparency leads to catastophes in Finance"
Learn more about f(x) Protocol's vision and how we aim to make finance great again through @cyrille_briere's invervention in @KevinWSHPod 's podcast.
DROPS E19: @cyrille_briere Contributor @protocol_fx
and @aladdindao - How DeFi can deliver true transparency and sustainability in finance
Cyrille explains how f(x) Protocol is redefining Stablecoins with fully on-chain, audited systems - no middlemen, no VC influence, and organic yield powered by real activity.
We talk about:
- How f(x) Protocol creates organic, sustainable on-chain yield
- Why transparency and decentralisation must be at the centre of DeFi
- The collapse of centralised trust after SVB and USDC’s depeg
- Building FXUSD, a fully decentralised Stablecoin with real-time transparency
- The Aladdin DAO model with no VC backing, no team allocation, 100% on-chain audits
And much more!
0:00 Introduction
2:30 Explain What You Do Simply
3:50 Who Are You
4:16 From Tech To Crypto
6:18 Companies That Sparked Interest
7:03 Before DeFi, Yield Discussion
9:49 DAO Explained No Jargon
10:33 Why Build A DAO
12:32 What Is Aladdin DAO
13:25 Why You Decided To Join
15:15 Pricing Everything’s Onchain
15:42 Every Bit Of Code Audited?
18:18 No Team Token Allocation, Important?
20:05 Making It Work At Aladdin DAO
23:32 DAOs Working At Scale
24:44 f(x) Protocol Explained To Mom
25:43 What Happened In 2023
29:02 Silicon Bank Situation Simplified
30:45 No Decentralization Without Stable Coins
31:25 Difference Between f(x) And USDC
32:05 Yield Earned On FXUSD
33:19 Where The Yield Comes From
36:07 Why Everyone Isn’t Using f(x) Safe
37:27 Risk With f(x) Stable Coin
38:21 What Is A Funding Fee
40:19 Innovation To Remove Funding Fees
41:28 Exit Fee vs Ongoing Fee
42:04 Minimal Liquidation Risk
48:08 Market Cap Of $6 Million, Why?
50:04 One Thing To Remember
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