Fraxtal Projects Eligible for Optimism Retro Funding
Fraxtal Projects Eligible for Optimism Retro Funding
馃殌 Superchain Rewards Unlocked
Fraxtal, a layer built on top of Optimism, has announced that all projects deployed on its platform are eligible for Retro Funding from Optimism. Developers building and deploying on Fraxtal can earn FXTL points, FXS liquidity incentives, Frax Finance grants and support, as well as Optimism's Retro Funding. This multi-layered incentive structure aims to attract builders to the Fraxtal ecosystem, which is part of the Superchain initiative alongside projects like Base, Lisk, Redstone, ZORA, and Mode. The Superchain allows deploying to one platform to effectively deploy across all participating networks, offering a range of perks and features for developers.
As a Superchain, every project built on Fraxtal is eligible for Retro Funding from @Optimism. Build & deploy to Fraxtal to earn $FXTL points, $FXS liquidity incentives, Frax Finance grants+support, and $OP Retro Funding eligibility - layers on top of layers of rewards! 馃殌
Today we're introducing a new era of clarity for Retro Funding! The Collective has allocated a total of 850M OP to incentivize impactful work across the @Optimism Collective and the Superchain.
Fraxtal along with @base, @Optimism, @LiskHQ, @redstonexyz, @ourZORA, @modenetwork, & soon others are all part of the Superchain! Deploying to one is like deploying to all. New perks, features, incentives, & programs are going live for Superchain builders every day. Join us! 馃憞
馃敶 BREAKING NEWS 馃敶 The @Optimism Collective introduces the Superchain Developer Console. The Superchain is the best place for app developers to build and scale their businesses, and we make it super-mega easy to accelerate development and lower overhead costs. Get access 馃憞
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.*