Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Frax Finance plans to launch its Layer 2 blockchain, Fraxtal, in early February

Frax Finance plans to launch its Layer 2 blockchain, Fraxtal, in early February

2024/01/18 06:29
ETH-0.28%

Frax Finance founder and CEO Sam Kazemian announced plans to launch its Layer 2 blockchain, Fraxtal, in early February, with support from Etherscan. Fraxtal will use Rollups technology to address congestion issues on the Ethereum network.

The new product, Fraxtal, will enrich Frax's product portfolio, including FRAX, lending platforms, automated market makers (AMMs), inflation-pegged stablecoin FPI and liquidity staking token frxETH. Decentralized DEX Curve has proposed deploying its trading functions on Fraxtal.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Paul Chan: Hong Kong Monetary Authority is exploring how tokenization can improve the issuance and trading of carbon credits
2
DeepSeek, Unitree Robotics, and others named as Smart Companies by MIT Technology Review

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,970.27
-0.05%
Ethereum
Ethereum
ETH
$4,661.48
-1.37%
XRP
XRP
XRP
$3.09
-1.67%
Tether USDt
Tether USDt
USDT
$1
-0.03%
Solana
Solana
SOL
$246.72
+1.47%
BNB
BNB
BNB
$939.73
+1.32%
USDC
USDC
USDC
$0.9997
-0.02%
Dogecoin
Dogecoin
DOGE
$0.2912
+1.92%
TRON
TRON
TRX
$0.3501
-0.89%
Cardano
Cardano
ADA
$0.9153
-2.02%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter