The Fraxtal native bridge connector is now live on the mainnet
The Fraxtal native bridge is now live on the mainnet, allowing ETH, CRV, sfxETH and various tokens in the Frax ecosystem to be directly deposited into Fraxtal. As a Layer 2 network built on OP Stack, Fraxtal introduces a novel incentive mechanism called Flox that rewards users and developers with FXTL points based on their Gas consumption. Frax Finance also provides FXTL point rewards for FXS stakers. Fraxtal is part of the Optimism superchain collective, supports shared upgrades, and is committed to public welfare funding. frxETH is the native token of this cryptocurrency. The frxETH deposits currently held by Fraxtal exceed $1 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.