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SOL $78.92 +0.72%
TRX $0.3321 +0.36%
DOGE $0.0738 +1.55%
ADA $0.1661 -1.97%
BCH $241.97 +0.99%
LINK $7.89 +1.96%
HYPE $67.81 -0.51%
AAVE $92.73 +5.04%
SUI $0.7235 -0.73%
XLM $0.1890 +4.19%
ZEC $497.61 +6.53%

Frax founder Sam Kazemian released a roadmap, planning to launch 23 L3s within the next year

2024-03-22 09:11:10
Collection

ChainCatcher news, Frax founder Sam Kazemian released the Frax roadmap on the governance forum, planning to achieve over $100 billion in Fraxtal TVL by the end of 2026; launching 23 officially provided L3s within the next 365 days to kickstart the Fraxtal Nation community, which will receive a large allocation of FXTL; new assets such as frxNEAR, frxTIA, and frxMetis may be launched this year; it is proposed to reopen the protocol fee switch, with 50% of the revenue flowing to veFXS, and the other 50% used to buy back FXS and other Frax assets; it is suggested to reduce the conversion rate from FPIS to veFXS by 67%, to a new rate of 1 FPIS -> 1.33 veFXS, for a period of four years.

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