Fraxtal is a modular rollup blockchain (L2) with a "fractal scaling" roadmap. Fraxtal has a number of familiar and novel features:
- Fraxtal is an EVM equivalent rollup utilizing the OP stack as its smart contract platform and execution environment. Deploying applications is as fast, secure, and cheap as leading Ethereum rollups like Optimism & Base.
- Fraxtal is a modular rollup. It will have multiple components and middleware for other chains and networks to use, connect to, deploy L3s, and build on top of. Currently, Fraxtal uses a separate data availability module developed by the Frax Core Team.
- Fraxtal has blockspace incentives (called Flox) that reward users and developers for spending gas and interacting with any smart contract on the network. Every epoch, users who spend gas and developers that deploy contracts where gas is spent earn FXTL points that can later be converted into tokens. For the first time, users are able to earn more rewards than gas they spend and developers can earn more than the gas their dapps use.
- The native gas token is Frax Ether (frxETH) issued by Frax Finance.
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compiance, and pirvacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
