Fraxtal native bridge now live on mainnet
The Fraxtal native bridging tool has now been launched on the mainnet, allowing various tokens from ETH, CRV, sfxETH and the Frax ecosystem to be directly deposited into Fraxtal. As a Layer 2 network built on the OP Stack, Fraxtal introduces a novel incentive mechanism called Flox, which rewards users and developers with FXTL points based on their gas consumption. Frax Finance also provides FXTL point rewards for FXS stakers. Fraxtal is also part of the Optimism superchain collective, supporting shared upgrades and committed to public welfare funding. frxETH is the native token of this cryptocurrency. Fraxtal currently holds over $1 million in frxETH deposits.
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