Frax Assets Expanding to New Layer 2 Networks
Frax Assets Expanding to New Layer 2 Networks
🔥 Frax Conquers New Frontiers
Frax, the world's first fractional-algorithmic stablecoin, is set to launch on OKX's new zk-rollup Layer 2 network, XLayer. Frax assets will be available from day one, powering decentralized finance (DeFi) and yield opportunities on the network. This follows recent integrations of Frax on the Metis and Base Layer 2 networks, as the protocol continues its expansion across various Layer 2 ecosystems.
Frax Assets are now on @MetisL2 & being integrated into their DeFi ecosystem 👀 Frax will be everywhere sooooon.
Let's give a warm @MetisL2 welcome to our new friends @fraxfinance !!! ¤⛓️¤ #sfrxETH - $WETH 50/50 pool built on @Balancer tech is now open with nearly $4 million TVL 👀🔥 Rewards start soon 👉 hummus.exchange 🥙🌿 $FRAX $HUM $veHUM
Frax Assets coming soon to @okx's new zk L2 @XLayerOfficial with partner integrations on deck 🤝 $FRAX will be on the ground floor powering DeFi & yields on day 1. #FraxEverywhere
Excited to announce our partnership with @fraxfinance! Frax Finance is a versatile DeFi protocol that encompasses a suite of financial products, including its native stablecoin FRAX, a liquid staking solution with frxETH, and an array of other financial instruments. The journey
Frax Assets are coming to @base next! @BaseSwapDex is one of the first liquidity and yield sources on the chain for early Frax LPers 👀 Based 🔵
@BaseSwapDEX X @fraxfinance We are delighted to announce our partnership with Frax Finance. A long standing Powerhouse in #DEFI This partnership will open the doors to a variety of Frax assets to the @base Ecosystem. baseswap.fi BaseSwap is not officially
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
Fraxtal Announces North Star Hard Fork and AI Integration Plans
Fraxtal, now a top 4 sovereign rollup with $300M TVL, announces major updates coming in February 2024: - Implementation of real-time blocks in 2025 - Partnership with IQWIKI for Agent Tokenization Platform - Development of AIVM (AI Virtual Machine) for onchain agents - Introduction of Frax Burn Engine (FBE) for gas fee management - FXTL tokenization with $FRAX tail emissions The protocol aims to excel in three key areas: decentralization/security, speed, and AI integration. Through Optimism Superchain, Fraxtal maintains Ethereum-level security while focusing on performance improvements and AI capabilities. *Note: Official updates only through Frax X and Telegram accounts.*
Ethena Labs Launches on Fraxtal L2 with New Curve Pools
**Ethena Labs** has launched on Fraxtal L2, introducing new Curve Finance pools for USDe/FRAX and sUSDe/FRAX trading pairs. Key features: - LPs earn trading yield plus 30X Ethena Ethereal points - All activities on Fraxtal earn $FXTL points - Assets can be bridged via Stargate Finance Fraxtal recently achieved $200M TVL and aims to become a central DeFi liquidity hub. The platform emphasizes security, warning users to access only through official channels. *Bridge your assets now to participate in the new liquidity pools.*