Frax founder: Plans to launch 23 L3s in the next year to launch the Fraxtal Nation community

On March 22nd, Frax founder Sam Kazemian released the Frax roadmap in the community. The goal of Fraxtal TVL is to reach over $100 billion by 2026. All Frax assets, including FRAX, sFRAX, frxETH (and new Frax assets), will first be issued on Fraxtal. Fraxtal aims to launch 23 L3s in the next year to start the Fraxtal Nation community. New assets such as frxNEAR, frxTIA, and frx Metis may be launched this year. The income allocated to FLE will be used to buy back half of FXS and half of Frax assets to increase liquidity depth of currency pairs.