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Milan-(I dont DM first)

Hey Sam! Could you tell a bit more about Fraxchain?

Whats the main purpose? I assume it will support (EVM) dapps right?

#cryptocurrency #english #frax
0

8 ответов

17 просмотров
Sam-Kazemian ¤⛓️¤

Yes, it is a general compute rollup. It’s not an appchain. We plan to support any and all developers that want to build on it including if they want to build other stablecoins/LSDs/anything without necessarily using Frax assets. We’ve always been positive sum. The goal is to make building on Fraxchain the most profitable and useful for projects among the major rollups. 💪️️️️

0
01.11.2023
Milan-(I dont DM first) Автор вопроса
Sam Kazemian ¤⛓️¤
Yes, it is a general compute rollup. It’s not an a...

Will it somehow be like a Luna/UST play (not talking about the algorithmic part or the negative aspects around that) but having an ecosystem around FRAX like how they planned to do with with Terra?

0
01.11.2023
Sam-Kazemian ¤⛓️¤
Milan (I dont DM first)
Will it somehow be like a Luna/UST play (not talki...

It’s more generalized than the Luna play. Fraxchain is a technology thesis+ecosystem chain. We have a specific worldview on how rollups and chains will evolve and plan to build never-before-seen tech including blockspace incentives (no one has attempted this before) and zk R&D. I believe Luna was simply a fork of Cosmos with Terra branding. We are building core rollup technology in a thesis-driven manner for Fraxchain. It will be big. It’s not an appchain. 🤫

0
01.11.2023
Mephisto-
Sam Kazemian ¤⛓️¤
Yes, it is a general compute rollup. It’s not an a...

Stop! please! I have nothing else to sell to buy more FXS! And yet you still make me fomo

0
01.11.2023
Sam-Kazemian ¤⛓️¤
Mephisto
Stop! please! I have nothing else to sell to buy m...

$FXS is the chain token/gets sequencer revenue. And in future updates will control sequencer decentralization mechanics.

0
01.11.2023
AC-T
Sam Kazemian ¤⛓️¤
It’s more generalized than the Luna play. Fraxchai...

Blockspace incentives this is the part that will be special that few understand so apps built on fraxchain get incentives for blockspace usage and users get incentives for utilizing the chain which will turbocharge chain growth way beyond what we've seen fron the likes of chains like base.

0
01.11.2023

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