Frax founder: Plans to launch 23 L3s in the next year to launch the Fraxtal Nation community
On March 22nd, Frax founder Sam Kazemian released the Frax roadmap in the community. The goal of Fraxtal TVL is to reach over $100 billion by 2026. All Frax assets, including FRAX, sFRAX, frxETH (and new Frax assets), will first be issued on Fraxtal. Fraxtal aims to launch 23 L3s in the next year to start the Fraxtal Nation community. New assets such as frxNEAR, frxTIA, and frx Metis may be launched this year. The income allocated to FLE will be used to buy back half of FXS and half of Frax assets to increase liquidity depth of currency pairs.
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.
You may also like
Big Tech stocks extend rally on Chinese tariff pause
Even with an uncertain outlook thanks to tariffs, Big Tech executives are still ramping up their AI investments
SOL is up and memes are back
Bridge flows churn in both directions as risk appetite returns
Ethereum Rises, Bitcoin Stable: Upcoming Cryptocurrency Trends Unveiled
Examining OBV Slump and Bitcoin's Dip: Predicting the Next Turn in Cryptocurrency Market
Expert Predicts Sui Could Emulate Solana’s Meteoric Rise
In Brief Kaleo identifies Sui's market behavior as akin to Solana's past rise. Sui, Dogecoin, and Bitcoin show potential for significant growth. Social media influence could drive Dogecoin prices upward.
Crypto prices
More
