Fraxtal

A modular rollup blockchain (L2) based on Optimism, with frxETH as the gas token

Overview

Fraxtal is an EVM equivalent rollup utilizing the OP stack as its smart contract platform and execution environment. The native gas token is Frax Ether (frxETH) issued by Frax Finance. Fraxtal also has blockspace incentives (called Flox) 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, 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:

About Fraxtal | Fraxtal DocsFrax