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.
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FreeRider
· 16h ago
Frax ecosystem's upgrade feels like a big move in the next step.
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GasFeeSurvivor
· 16h ago
Frax is here. FXS holders, are you ready? This upgrade feels like it has something special.
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HalfIsEmpty
· 16h ago
FXS is upgrading to FRAX... depends on how Fraxtal performs later. They're praising it quite a bit now, but stablecoins are indeed a direction.
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.