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Eugene Ang

Eugene Ang

Interested in the key trends that will shape our world - crypto / carbon / culture
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Frax Finance: Building a decentralised central bank, starting with a stablecoin

May 28th, 2022
Anyone who has dabbled in decentralised finance (DeFi) for even a short while would be aware of the importance of stablecoins – cryptocurrencies whose value is pegged to another asset, often fiat currency such as the US dollar. In a market like crypto where large price swings are the norm, stablecoins provide some semblance of sanity for market participants, serving as a relatively stable medium of exchange for other volatile crypto assets, or as an on-chain store of value, especially during risk-off periods.
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Eugene Ang
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Olympus DAO: A compelling investment opportunity in DeFi?

December 29th, 2021
In my recent months exploring the world of decentralised finance (DeFi), much of my mindshare has been taken up by one entity—Olympus DAO.
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Eugene Ang
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A travel guide to entering the crypto space

December 20th, 2021
I recently came across someone analogising blockchains as nation-states, and it led me to realise that entering and navigating the crypto space is actually very much like travelling.
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Eugene Ang
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Why I think crypto is now worth your time

December 2nd, 2021
I first heard of blockchains and cryptocurrencies in 2017 during the previous Bitcoin bull run. While I made sure to get a cursory understanding of how blockchains worked before buying a small amount of cryptocurrencies then, I had treated these purchases as pure speculation. I couldn’t imagine using bitcoins as part of my daily life, and Ethereum’s smart contract functionality seemed like a rather lofty aspiration at that point in time. It was just fun to join in the hype (with a relatively inconsequential stake), and see where everything went.
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Eugene Ang
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