# Fraxtal

### Overview

Fraxtal is an EVM equivalent rollup utilizing the [OP stack](https://docs.optimism.io/stack/getting-started) as its smart contract platform and execution environment. The native gas token is Frax Ether ([frxETH](https://docs.frax.finance/frax-ether/overview)) issued by Frax Finance. Fraxtal also has blockspace incentives (called [Flox](https://docs.frax.com/fraxtal/fraxtal-incentives/fraxtal-blockspace-incentives/overview)) that reward users and developers for spending gas and interacting with any smart contract on the network.

### What is the point of Fraxtal? Aren't there so many L2 chains already?

You can read the whole rationale on the [Fraxtal Docs](https://docs.frax.com/fraxtal), but the main reasons are:

1. Trivial transaction costs
2. Increased speed
3. Usage of frxETH as the gas token
4. Income via Sequencer fees
5. Flox / FXTL blockspace incentives

Documentation:

{% embed url="<https://docs.frax.com/fraxtal>" %}