#FraxFinance to launch #Layer2 blockchain #Fraxtal in February.

#Frax Finance, a decentralized finance (DeFi) protocol, is set to introduce its Layer 2 blockchain, Fraxtal, in February. Fraxtal will use rollups technology, to address congestion issues on the Ethereum network. The layer 2 will be fueled by Frax's liquid staking token, frxETH, serving as the gas for the chain.

👉 www.coindesk.com/tech/2024/01/18/frax-finances-layer-2-fraxtal-to-debut-in-february-founder/