PANews reported on March 22 that Frax founder Sam Kazemian released Frax's future roadmap at the governance forum, including the goal of achieving more than $100 billion in Fraxtal TVL by the end of 2026. Over the next 365 days, 23 official L3s are planned to launch the Fraxtal Nation community and make a massive allocation of FXTL. In addition, new assets such as frxNEAR, frxTIA and frxMetis may be launched this year. Kazemian also proposes to re-turn on the protocol fee switch to channel 50% of the proceeds to veFXS and another 50% to buy back FXS and other Frax assets, and proposes to reduce the FPIS to veFXS conversion rate by 67% to a new conversion rate of 1 FPIS -> 1.33 veFXS for a four-year term.