just to be clear, frax will get a cut of the fees from the apps that live on fraxchain and those fees will flow to vefxs holders in addition to sequencer fees?
How will Frax get a cut of the fees on a decentralized permissionless chain? We will have programs where we will try to do token swaps, ecosystem incentives and investments yes. But how do we get a cut of the fees? We can’t force that on people. But what we can do is joint airdrops, blockspace incentives for different types of transactions etc.
One thing we are exploring is having a program where projects that distribute part of their token emissions to veFXS stakers will have access to POL and other support of the Frax DAO and chain. Like a subDAO ecosystem within the network.
Yea thats where i was going.. blockchain incentives is what i meant. I was thinking there would be fees that were somehow built into the chain structure that would flow to vefxs but maybe im just thinking about it the wrong way. The airdrop idea is awesome! Would make vefxs most desirable l2. No one is ready for this!
Chainlink does this with the build program.
$FXS will definitely be like owning a “share” of everything in the Frax universe 😎 that’s the long term utility.
why isn't stuff like this tweeted
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