This is exactly correct and part of the reason we designed Flox, to make using Fraxtal in any aspect (not just finance) profitable and useful to build on.
I think you could also make the argument that directly because of the Flox system, the token of any protocol that launches on Fraxtal inherently could be considered to have intrinsic value from an exogenous asset backing its reserves as an use case besides just governance power. Since now there’s a theoretical economic incentive for protocols to redirect some of those FXTL profits back to holders to attract more liquidity and reward and shape activity that’s aligned with their goals.
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