Where Frax Fits In The Modular Thesis

Unveiling the Fraxtal modular L2, Frax DA, and the fractal scaling thesis with CEO Sam Kazemian


Fuel Network is an operating system purpose-built for Ethereum rollups, designed to help developers build decentralized economies at scaleLearn more here.


 

Fraxtal is a new modular L2 with an innovative blockspace incentives program. Learn more here.


 

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The modular thesis is growing week by week.

We are seeing the rise of new L2s and appchains happening at a rapidly accelerating pace now.

Our second podcast as a team featuring Sam Kazemian from Frax Finance is here.

Frax started its journey as a decentralized stablecoin and has expanded significantly to include a broader range of DeFi tools and assets, making their modular L2 more appealing from our POV.

The backbone of Frax’s operations is its modular L2, Fraxtal, which brings together protocols, liquidity, and monetary policies within one chain. Fraxtal enhances efficiency and transparency, setting a foundation for Frax to function akin to a decentralized central bank. Within this framework, Fraxtal uses an incentivization system known as Fraxtal points, which rewards popular contracts based on their usage and gas consumption.

This creates a reputation-based system that promotes sustainable development within the Frax ecosystem.

Additionally, we discussed how Sam plans to encourage the development of L3s atop of Fraxtal. This means dApps can launch their own chains while benefiting from the underlying Frax protocol and liquidity. This is part of Frax’s fractal scaling vision, where L2 and L3s can generate revenue and contribute back to the overall ecosystem.

Explore how Fraxtal, powered by Frax, is morphing into its broader vision of becoming a decentralized central bank in todays episode!

Hope you enjoy.

The Rollup


🙌 Together with:

ConnextBuild Web3 applications that can securely interact with users, tokens, and other applications on any chain – just like on the web. Learn more here.


 

Jumper Exchange A truly multi-chain exchange. Aggregating the best in the business for bridging, swapping, and onrampingLearn more here.


 

Cartesi is an application-specific rollup protocol with a Linux runtime. Scaling Computation. Transcending EVM Limitations. Learn more here.


 

Disclaimer: Please be aware that investing in cryptocurrency and DeFi platforms involves risks like technical glitches and human errors. We may receive commissions for featuring certain projects, which will be clearly noted. Our content is educational only and not financial advice; we are not licensed advisors.


 

 

Avatar photo About the author: We help you explore DeFi onchain w/ foolproof education & relevant research to give you an edge. Focused on L2s. Scaling to mass adoption one block at a time🙏

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