RA is now the #1 native protocol for FXTL pts.
As the leader, the rank of RA contracts increases daily creating escape velocity as the growth engine and liquidity flywheel for Fraxtal. This summer when other pts programs have run their course, look to the power of RA as the FXTL momentum builds.🚀
1/ Stablecoins just went mainstream – and Frax is at the center of it.
Here’s what happened at the world’s largest crypto conference, and why policymakers are backing the future of digital dollars 🧵
We asked @samkazemian founder of @Fraxfinance about the Genius Act legislation reactions. 🦣
"The fact that you can see how anti the banking lobby and traditional financial system have been against this specific legislation is empirical proof that this is one of the few regulations that actually opens the playing field."
"Ideally, that's what regulation should do, flatten the playing field, allow for more innovation, and encourage entrepreneurs and innovators to get into a specific space while creating clear-cut rules that everyone has to obey."
"That's how you know this is a very good thing in this space because it does the exact opposite of what people characterize usual regulations as doing."
Excited to speak on stage next week at BTC Vegas with the author of the GENIUS Bill himself, legendary Senator Bill Hagerty. We'll discuss how American companies like Frax will work in positive sum, help cement digital dollar dominance, & lead this new stablecoin golden era. 🤝
Thinking outloud - now that #Fraxtal is its own L1, it needs a native/defacto DEX with both legacy and CL LP options with native DEX token emissions (and $FRAX boosted yield) - this will give folks more of a reason to bridge over and will improve a huge pain point to Fraxtal at the moment: liquidity.
Then, enable 100% of fees from the exchange to go lockers of these native emissions tokens, which would curb 100% dumping of said emissions tokens.
Sound familiar? Good - it should.
@base did this with $AERO
@avax did this with $PHAR
@Optimism and @inkonchain did this with $VELO
@Consensys / @LineaBuild did this with $NILE
The key to success and growth is that the chain backs and supports the DEX. This maximum alignment paves the way to creating the best strategies to attract liquidity.
@exchange_RA is a ve33 dex on Fraxtal and has been relatively ignored - now that $FRAX is starting to see some attention, it is a great time for Frax team and @kingdomdotone team to partner up with the shared goal of increasing liquidity on Fraxtal.
1/ Frax is entering a new era. We're building the first Stablecoin OS, a unified vision for better money and the network it settles on.
Trillions of dollars are coming onchain through stablecoins. We intend to capture it.
To tell this story, we've created a new X account: @frax
This is the best single research article to understand Frax's completely revamped, singular vision that few are aware of.
This is our sole focus & drive. Credit to @0xkyle__ for seeing the new Frax is nothing like the old one. 90%+ of the market has no idea yet, they will soon.
Concentrated Liquidity, Legacy, Correlated
Ra Exchange has them all, and you can earn $FRAX just by creating liquidity with us.
Take a look, get involved.
@ErikVoorhees If stablecoins peg to USD, then the entity that issues USD (the US government) recognizing it as legal tender form of a dollar is the ultimate victory for something pegged to USD. Only bank deposits/M1 money has that legitimacy until GENIUS. We have BTC/ETH for non-USD SoV.
Milestone unlock - 40/40 club
$40B+ volume/$40M+ revenue across Ramses tech 🔥
Grateful for the team, partners and friends who have helped us bring this innovation to market. Just the beginning. The shipping continues. Expansion of biggest upgrade yet (V3) around the corner 🤫.