Sam Kazemian

Frax; fractional algorithmic stablecoin design

Sam Kazemian is the co-founder of Frax Finance, a decentralised stablecoin protocol. He originated the fractional-algorithmic model, which partially backs stablecoins with collateral and partially with algorithmic mechanisms, a novel approach in the stablecoin sector. Frax has since expanded to include liquid staking (frxETH) and a broader suite of DeFi primitives.