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@Samkazemian how soon do you expect Frax TVL to be

migrated to Fraxtal?

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Yes ser

Sam Kazemian ¤⛓️¤
Yes ser

Frax Asset issuance and Frax tvl will be Fraxtal tvl. If FRAX is at $10B Fraxtal tvl is at minimum $10B since collateral ownership and issuance will happen entirely on Fraxtal long term.

Ouroboros Capital- Автор вопроса
Sam Kazemian ¤⛓️¤
Frax Asset issuance and Frax tvl will be Fraxtal t...

can you expand on this? for eg. right now most of frax tvl is on ethereum, how do you intend to migrate it to fraxtal?

Ouroboros Capital
can you expand on this? for eg. right now most of ...

For example: the collateral to back FRAX in the future will be held on Fraxtal. FXBs will be auctioned and released on Fraxtal. Curve AMO POL and Fraxswap POL will be available on Fraxtal. Other examples: BAMM will be a Fraxtal exclusive. Lot of other things as well like the unification bridge in the long term so all liquidity on Fraxtal can move between all L2s and L1s atomically allowing us to do all of our asset issuance on Fraxtal.

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