Frax Sets Ambitious Growth Targets for Layer 2 and 3 Expansion, FRAX Staking Yields, and Protocol Tokenomics

• Frax sets $100B TVL target for layer 2 Fraxtal by end of 2026, currently at $13.2M • Plans to launch 23 new layer 3s within a year • Proposes reviving fee-sharing mechanism - 50% yield to veFXS holders, 50% used to buy FXS and other Frax assets • New tokenomics to fully collateralize stablecoin FRAX • Boost yields on staked FRAX (sFRAX)