L2 Standard Bridged FXS (Fraxtal) (FXS)

L2 Standard Bridged FXS (Fraxtal) (FXS) is a modular Layer 2 blockchain built by Frax, designed for scalability, security, and speed. This Ethereum equivalent rollup uses the OP stack to create an efficient smart contract platform and execution environment, enabling fast and cost-effective application deployment. Fraxtal offers a robust and familiar framework that allows developers to build applications while maintaining the high-performance standards associated with leading Ethereum rollups.

One of the defining features of Fraxtal is its fractal scaling approach, which integrates multiple components and middleware. This modular architecture allows various blockchains to connect seamlessly, deploy Layer 3 solutions, and innovate on existing blockchain ecosystems. By promoting unopinionated integration across all chain types, Fraxtal encourages a versatile environment for developers and users, supporting the creation of diverse, decentralized applications.

The economic model of Fraxtal includes blockspace incentives, referred to as Flox, which reward users and developers for their interactions within the network. Users spending gas and developers deploying contracts every epoch earn FXTL points, which can be converted into tokens. This incentivization mechanism empowers users to gain more rewards than their gas expenditure, while developers can secure greater earnings from their decentralized applications. As part of the broader Frax Finance ecosystem, Frax Share (FXS) serves as the staking token, granting holders utility and governance power across the network, ultimately contributing to the security and operation of the Fraxtal platform.