Fraxtal batches users' transactions and submits them to Ethereum, paying a share of the transaction fees to Ethereum validators (expense).

Fraxtal is an Ethereum Layer 2 (L2) blockchain built on the OP Stack by Frax Finance. It uses frxETH as the gas token and features a blockspace incentive system called Flox. Fraxtal launched in February 2024.

Frax Finance team owns and governs the protocol. Frax Finance's investors include Dragonfly Capital, Mechanism Capital, Galaxy Digital, etc.

twitter

discord

etherscan

website

Blockchains (L2)

Fraxtal

# Fraxtal Token incentives Methodology

## 1. Overview

Token incentives is measured as the value of native assets that are paid out by a project to its supply-side or demand-side users, core contributors, and investors. These assets are primarily utilized to compensate stakeholders either on an ongoing or retroactive basis. This metric is considered analogous to stock-based compensation in traditional finance. For Fraxtal, the value is currently set to zero as no programmatic token incentive distributions are recognized.

## 2. Data sources

- **None**: This metric is set to a constant value and does not consume blockchain events

## 3. Step-by-step calculation

### Component A: Metric initialization

- **Purpose**: Initialize the token incentives metric value
- **Logic**: A constant value of zero is assigned to the metric across all time periods and chains. This reflects that no active programmatic incentive programs or native asset distributions to stakeholders are currently recorded for the protocol.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Value of native tokens distributed as incentives.

FraxtalFXTL

Token incentives

Token incentives

Competitive landscape

Chain breakdown