Big news for Frax ecosystem! FXS token is getting a major upgrade to FRAX, and it's now live on a major exchange 🔥



What's changing? The new FRAX token serves as the native gas currency for Fraxtal, their Layer 1 blockchain. This marks a significant evolution in their ecosystem architecture.

The upgrade represents Frax's strategic move toward building a more integrated blockchain infrastructure. If you're holding FXS, definitely worth checking how this impacts your holdings.
FRAX0.6%
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SquidTeachervip
· 12-05 17:20
Did FXS just get upgraded directly to FRAX? That move is a bit sudden. I need to check the price performance on the exchanges before saying anything.
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ProposalManiacvip
· 12-05 04:57
Wait, FXS is directly upgraded to FRAX to become the gas token? What is the governance process for this, was there a community vote or was it just decided? We need to take a close look at whether there are any issues with the incentive mechanism, otherwise it’s just another “we’ll change it because we think it’s right” story.
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NotSatoshivip
· 12-05 03:52
FXS upgraded to FRAX as the gas currency, this time it's really different.
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ForkThisDAOvip
· 12-05 03:40
It’s the same old tricks: another upgrade, another new token—I’m tired of it. Can FXS really become a gas token just by converting to FRAX? Honestly, it’s just another way to dilute the holdings of existing holders.
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SandwichDetectorvip
· 12-05 03:27
Wait, FXS is directly upgrading to FRAX? Are they following Solana’s approach, locking the gas token to their own chain... But to be fair, having their own Layer 1 is definitely impressive.
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SelfSovereignStevevip
· 12-05 03:26
Wait, did FXS directly upgrade to FRAX? I need to quickly check how the exchanges are handling this so I don't get stuck holding the bag.
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