Mar 22, 06:38 AM

Frax Finance Unveils Roadmap with 23 L3s, frxNEAR, frxTIA, 50% Revenue Allocation, $40M to FXS Stakers, 50% Buyback

Frax Finance has released a comprehensive roadmap aiming to achieve over $100 billion in total value locked (TVL) by 2026. The roadmap includes plans to launch 23 officially provided L3s in the next year, introduce new assets like frxNEAR and frxTIA, and allocate 50% of revenue to veFXS. Additionally, the roadmap outlines a fee switch that would direct $40 million of annual revenue to FXS stakers and implement a 50% buyback of Frax assets.

#Frax Finance #FXS #Frax

Written with ChatGPT (GPT-3).

Sources

CoinDesk@CoinDesk
2 years ago
.@fraxfinance's singularity road map proposed a $100 billion target for value locked on Fraxtal by 2026-end. https://t.co/bqeWSHbIG2
0xChaos@0xCha0s
2 years ago
The singularity roadmap that was just published on the governance forum has a bunch of tidbits into the near future. A lot to digest but key items + Fee switch allowing $40m of annual revenue to flow to $fxs stakers and buyback frax assets 50% / 50%. That changes structural…
Ben Rabidoux@BenRabidoux
2 years ago
Implications are huge. I'll post the math next week after I can get my institutional and @EdgeREAnalytics clients up to speed. https://t.co/SC5uz1lQkU

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Frax Finance Unveils Roadmap with 23 L3s, frxNEAR, frxTIA, 50% Revenue Allocation, $40M to FXS Stakers, 50% Buyback

Sources

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