New 2025 Initiatives Include Token Upgrades,
Fraxtal North Star Hard Fork, and Simplified Universal Interface to
Drive Next Wave of DeFi Adoption
LAS
VEGAS, Dec. 12, 2024 /PRNewswire/ -- Frax
Finance, a decentralized stablecoin
cryptocurrency protocol, today announced its 2025
Vision Roadmap, a transformative strategy to advance its mission of
becoming the decentralized central bank of
crypto. The roadmap introduces a suite of
groundbreaking updates, including token transitions, a network
upgrade via the Fraxtal North Star Hard Fork, and a radically new
Frax Universal Interface (FUI).
"DeFi is at a tipping point, ready for mass
adoption, and Frax is positioned to lead this evolution with our
high-performance Fraxtal blockchain and new
stablecoin," said Sam
Kazemian, Founder of Frax Finance. "Our 2025 Vision Roadmap
is a bold step toward creating the infrastructure that makes
DeFi intuitive, accessible, and scalable for the next
billion users entering crypto. Frax is not just
keeping pace with the future of finance—it's shaping it."
KEY INITIATIVES
Frax Token Upgrades
Stablecoin Transition:
Frax's flagship stablecoin, FRAX, will rebrand to
frxUSD, offering direct fiat redemption capabilities and enhanced
integration with U.S. financial systems through partnerships like
FinresPBC.
Governance Token Update: Frax Shares (FXS) will
transition to FRAX, becoming the gas and staking token of Fraxtal,
Frax's sovereign L2 blockchain.
Fraxtal North Star Hard Fork
Real-Time Blocks: Ultra-fast block times
to support high-throughput applications.
Tokenomics Evolution: FXS's transition to FRAX will
create new staking opportunities, including FRAX-backed bonds.
Frax Universal Interface (FUI) Redesign
Simplified Frax.com: New intuitive tools
for borrowing, swapping, and sending within the Frax ecosystem.
Advanced Onramping: Halliday will provide global onramping
for fiat-to-crypto transactions.
Optimized Routing: Odos Routing ensures efficient asset
movement.
AI Integration
AI Tech Stack & Agent Ecosystem: Frax
is developing the "AIVM" parallelized blockchain within Fraxtal
powered by a new Proof of Inference consensus system. The AIVM tech
stack allows AI agents deployed to the blockchain to become fully
autonomous and sovereign with no single party in control of the
agent — a world first. The AIVM and Proof of Inference mechanisms
enable seamless blockchain-AI collaboration and are developed in
partnership with IQ.
"Launching tokenized AI agents with IQ ATP on Fraxtal's AIVM
will be unlike any other launch platform thanks to this joint
venture. Sovereign, on-chain agents that are owned by token holders
is a 0 to 1 moment for crypto and AI," said
Cesar Rodriguez, CTO at IQ. "Frax's
tech combined with IQ's Agent Tokenization Platform will make it a
reality."
Other developments for FUI include a Frax mobile wallet and
AI-driven enhancements to further simplify interactions with the
Frax ecosystem.
About Frax
Frax aims to be the U.S. digital
dollar, establishing itself as the world's most innovative
decentralized stablecoin and
DeFi stablecoin infrastructure. The Frax
stablecoin, a crypto collateralized
stablecoin pegged to the U.S. dollar, is highly
scalable, trustless, and ideologically pure on-chain money. Frax —
founded by Sam Kazemian and
Stephen Moore — is committed to
stability, proven technology, expert governance, and regulatory
clarity.
All registered trademarks and product
identifiers belong to their respective corporate entities. Any
other trademarks or product names referenced here are also owned
exclusively by their relevant companies.
Frax Media Contact:
Gary
Bird
FortyThree, Inc.
Frax@43pr.com
831.888.9011
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SOURCE Frax