Memo to: The Archimedes Community From: Publius Re: What the Frax? _________________________________________________________________ Frax Finance is all over the place these days, having just released a lending service. Frax Finance boasts a market cap of over $1.5Bn and built an innovative ‘hybrid’ stablecoin (Frax) that blends collateral with algorithms. Throughout this…

Memo to: The Archimedes Community From: Publius Re: Synthetix breakdown: Is sUSD the world’s most interesting stablecoin? _________________________________________________________________ In our inaugural Archimedis Memo, we will break down Synthetix. Synthetix is a pillar of the DeFi space, with over $400 mil (US) locked and an almost $1bn market cap. Over the…