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FXS is undergoing a major upgrade to become FRAX, marking a significant evolution in the project's ecosystem. As the upgraded ecosystem token, FRAX serves as the native gas currency on Fraxtal, the project's proprietary Layer 1 blockchain. This transition positions holders to benefit from the expansion of the GENIUS-compatible stablecoin frxUSD, which represents the next generation of digital dollar solutions. The upgrade reflects the team's commitment to building a comprehensive DeFi infrastructure centered around decentralized stablecoins and on-chain efficiency.