2026-01-07 06:26:23

Seeing FXS undergo a major upgrade—transforming into a FRAX ecosystem token.

This upgrade of FRAX is very interesting, mainly serving two roles: one as the gas fee payment token for Fraxtal L1, and the other as a means to grow the digital dollar ecosystem through the growth of frxUSD stablecoin compatible with GENIUS.

In simple terms, this is not just a change in the token name, but a redefinition of its ecosystem role. As an independent L1 chain, Fraxtal needs its own ecosystem token to drive network operation; at the same time, the development of the frxUSD stablecoin also opens up new value imagination spaces for FRAX holders.

If you are interested in stablecoin tracks and L1 ecosystem development, this upgrade is worth a deeper look.

FRAX15,64%

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ContractBugHunter

· 01-10 06:18

Wow, this move is quite something. The dual drive of gas fee payments and the stablecoin ecosystem doesn't seem like just a simple name change. Whether frxUSD can really take off still depends on the market, but the approach has definitely become much clearer.

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DaoDeveloper

· 01-10 02:55

the tokenomics redesign here is actually pretty elegant—binding gas mechanics with stablecoin composability creates genuine utility rather than just another rebranding theater. curious how the merkle tree structure for frxUSD distribution will handle L1 settlement latency tho

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BTCRetirementFund

· 01-09 18:25

FXS rebranding to FRAX... Honestly, it's just about wanting to bind the L1 ecosystem. The stablecoin approach is the same old trick. --- Is frxUSD compatible with GENIUS? Why do I feel like these projects all like to focus on compatibility? How many of them can really compete? --- Fraxtal needs its own ecosystem token to drive the network. That sounds like an excuse for its lack of popularity, haha. --- Converting ecosystem tokens seems like an attempt to tell a new story, but stablecoins are definitely a direction worth exploring. --- Gas fee payment tokens + stablecoin growth opportunities... Can this logic hold up? I always feel like something's missing. --- Is it worth a deep dive? I want to see if this upgrade can really boost the hype.

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SatsStacking

· 01-07 06:55

This move is actually aimed at locking FXS into the ecosystem, with gas fees and stablecoins driving it on two wheels. It looks pretty good.

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GreenCandleCollector

· 01-07 06:55

The renaming of FXS to FRAX... honestly, it's still about trying to catch a ride on L1's coattails. The real potential lies in the frxUSD part.

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TheShibaWhisperer

· 01-07 06:54

FXS renamed to FRAX? Alright, another round of "repositioning." Let's see if this time they can really come up with something new.

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GasFeeCrier

· 01-07 06:43

Another upgrade, another repositioning. Hearing this kind of rhetoric too often... Can the FRAX team first stabilize the fundamentals before hyping?

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CryptoNomics

· 01-07 06:33

ngl if you actually ran the regression analysis on fraxtal's network effects versus competing l1s, the tokenomics fundamentals here don't hold up. correlation matrix's telling me something different entirely.

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