Fraxtal ¹

A blockchain by the FRAX stablecoin team where users automatically earn rewards just for making transactions. Like airline miles but for crypto activity. Less secure than major L2s — the Frax team controls everything with no safety checks.

Key Difference: Every transaction earns FXTL points that will likely convert to tokens.

Best for: Users who want rewards for normal DeFi activity, FRAX stablecoin holders, apps that want to incentivize usage.

Technical: OP Stack rollup without fraud proofs, FRAX as gas token, Flox reward system distributing FXTL points.

• Use Cases

  • Reward farming: Earn FXTL points just by using any app on the chain
  • FRAX ecosystem: Lending, swapping, and other FRAX protocol features
  • Stable gas costs: Gas in FRAX means predictable dollar costs
  • Incentivized apps: Projects can multiply user rewards

• Security & Data Availability

  • No fraud proofs — requires trusting Frax team won't steal or make errors.
  • Data stored off-chain (IPFS/AWS) to reduce costs.
  • 3/5 multisig can change anything instantly.

• Infra & Execution

  • Built on OP Stack, compatible with Ethereum apps.
  • Gas paid in FRAX stablecoin (pegged to $1).
  • State posted to Ethereum hourly.

• Performance

  • Very cheap transactions (under penny).
  • Normal speed for this type of chain.
  • ~200 TPS capacity.

• Trade-offs

  • Must trust Frax team completely — no technical safeguards.
  • FXTL points have uncertain value and conversion timeline.
  • Less established than Arbitrum/Optimism/Base.
  • Data storage depends on external services working.