Frax Announces Partnership with Fjord Foundry for Projects Launching on Fraxtal L2 Chain
Frax Announces Partnership with Fjord Foundry for Projects Launching on Fraxtal L2 Chain
馃殌 Frax Partners Up!
Frax has announced a partnership with Fjord Foundry aimed at projects launching on Fraxtal, Frax's modular Layer 2 chain. Projects that raise capital on Fjord to deploy on Fraxtal can receive extra benefits, points, and incentives for launching via Fjord's platform. Teams launching on Fraxtal through Fjord Foundry may earn FXTL points, FXS incentives, work directly with the Frax Core Team, and potentially receive follow-on investments from the Frax DAO. Their treasury can grow by holding investments in yielding assets like sFRAX and sfrxETH. The Frax Core Team and certain VCs have expressed interest in investing in projects launching via Fjord Foundry on Fraxtal. Frax is actively encouraging its ecosystem and community to raise and launch Fraxtal-based projects on Fjord Foundry, which is the first capital raising platform on Fraxtal.
Frax is excited to announce our partnership with @FjordFoundry aimed at projects launching on Fraxtal, our modular L2 chain. Projects that raise capital on Fjord to deploy on Fraxtal can receive extra benefits, points, & incentives for launching via Fjord's platform!
馃殌 Frax Launches Cross-Chain Platform
**Frax Protocol** has opened the waitlist for **FraxNet**, a new account-based platform designed for cross-chain stablecoin operations. **Key Features:** - Mint, redeem, and earn across **20+ blockchain networks** - Built around **frxUSD**, Frax's flagship stablecoin - Complies with **GENIUS standards** for regulatory compliance **What This Means:** FraxNet aims to simplify multi-chain DeFi interactions by providing a unified interface for stablecoin management. The platform addresses the growing need for seamless cross-chain functionality as DeFi expands across multiple networks. The timing aligns with Frax's recent expansion to Unichain, positioning the protocol to capture users in emerging DeFi ecosystems. [Join the waitlist](http://net.frax.com) to get early access when the platform launches.
GENIUS Act Ushers New Era for Digital Dollar Stablecoins
The GENIUS Act has officially become law, establishing the first comprehensive federal framework for payment stablecoins in the United States. This landmark legislation creates clear guidelines for digital dollar stablecoins like Frax USD and USDC. Key impacts: - First clear federal regulations for stablecoins - Enhanced security and compliance standards - Framework for mainstream financial integration Circle and Frax are positioning their stablecoins to operate under the new regulatory framework, aiming to provide compliant digital payment solutions. Learn more about the GENIUS Act at [Circle's overview](circle.com/genius-act)
Frax Makes Waves at Bitcoin Conference with Regulatory Progress
Frax marked significant milestones at The Bitcoin Conference as official sponsors, engaging with over 35,000 attendees. **Key highlights**: - Meetings with lawmakers including J.D. Vance about stablecoin vision - CEO Sam Kazemian discussed future plans with GENIUS+STABLE Acts authors - frxUSD launch designed to meet new regulatory standards - Thousands visited Frax booths to discuss strategy The company is actively working with federal and state leaders to integrate regulated payment stablecoins into the financial system. Visit [frax.com](http://frax.com) to learn more.
Frax Expands sfrxUSD to Sei Network
Frax has integrated sfrxUSD with Sei Network, enhancing stablecoin functionality across DeFi applications including jlyvrs and synnax_labs. Key updates: - Direct conversion between frxUSD and sfrxUSD now available on Sei - Integration powered by LayerZero Core technology - Simple staking/unstaking process through [frax.com/earn](https://frax.com/earn) This expansion follows recent integrations with Sonic Labs and other platforms, demonstrating Frax's continued cross-chain growth strategy. *Security Note: Users should only access services through official Frax channels to avoid phishing attempts.*
Frax Partners with Origin Protocol for New High-Yield Pool on Curve
Frax has launched a new yield-generating pool on Curve Finance in collaboration with Origin Protocol. The pool pairs frxETH with OETH and features LST (Liquid Staking Token) yield-boosted incentives. This follows Frax's recent expansion of yield opportunities, including their deployment on Fraxtal with dTRINITY_DeFi's lending loops and Ethena Labs integrations. - Pool is now live on Curve Finance - Features frxETH/OETH pairing - Includes LST yield boosting - Part of Frax's ongoing DeFi partnership strategy