隨著協議費用轉換上線，Frax 質押者將存入 40 萬美元

在該協議啟動其「費用開關」後，Frax 質押者將很快分享 40 萬美元的費用收入。此舉將 Frax 協議費用的 50% 分配給質押者，可能產生 2,080 萬美元的年收入。在此之前，Uniswap 也採取了類似舉措，其中費用共享推動了 UNI 價格飆升。

Frax Stakers to Reap $400,000 in Protocol Revenue as Fee Switch Activates

隨著費用轉換激活，Frax Stakers 將獲得 40 萬美元的協議收入

In a landmark move within the Web3 arena, Frax has become one of the first projects to implement a highly coveted fee switch mechanism. As a result, Frax stakers are poised to collectively share a staggering $400,000 worth of protocol fee revenue this week.

Frax 已成為 Web3 領域的里程碑式舉措，成為首批實施令人垂涎的費用轉換機制的項目之一。因此，Frax 質押者本週將共同分享價值 40 萬美元的協議費收入。

This pivotal decision, which garnered near-unanimous support from the Frax community, marks a significant milestone in the project's trajectory. The activation of the fee switch will divert 50% of the protocol's fees to veFXS stakers and the remaining 50% to a dedicated FXS buyback program.

這項關鍵決定幾乎獲得了 Frax 社群的一致支持，標誌著該計畫發展軌蹟的一個重要里程碑。費用轉換的啟動將把 50% 的協議費用轉移給 veFXS 質押者，其餘 50% 轉移給專門的 FXS 回購計畫。

The fee switch activation has been met with immense enthusiasm by the Frax community. Data from DeFi Llama reveals that the protocol has generated an impressive $47.4 million in revenue over the past 365 days. This revenue stream is expected to grow further in the coming months, translating into substantial earnings for veFXS stakers.

Frax 社區對費用轉換的活化表現出了極大的熱情。 DeFi Llama 的數據顯示，該協議在過去 365 天創造了令人印象深刻的 4,740 萬美元收入。這一收入流預計將在未來幾個月進一步增長，為 veFXS 質押者帶來可觀的收入。

The timing of the fee switch activation aligns strategically with Frax's recently launched "Singularity Roadmap Part 1" proposal. The roadmap outlines a comprehensive plan to establish Frax as a leading player in the decentralized finance (DeFi) ecosystem.

費用轉換啟動的時間與 Frax 最近推出的「奇點路線圖第 1 部分」提案策略一致。路線圖概述了一項全面計劃，旨在將 Frax 打造成去中心化金融（DeFi）生態系統的領導者。

Frax Unveils Visionary Roadmap for Defi Dominance

Frax 公佈了 DeFi 主導地位的願景路線圖

Central to the Singularity Roadmap is the introduction of innovative solutions that address key challenges within the DeFi landscape. Key initiatives include:

奇點路線圖的核心是引入創新解決方案，以解決 DeFi 領域的關鍵挑戰。主要舉措包括：

• Revamping its sfrxETH liquid staking token (LST) to support restaking.
• Allocating 250M FRAX to Morpho Labs' lending pools for Ethena's sUSDe stablecoin to bolster protocol revenue.
• Launching new LSTs, including staking derivatives for NEAR, TIA, and METIS.

The roadmap also sets ambitious targets for Fraxtal, Frax's Layer 2 network. By the end of 2026, Fraxtal aims to attract a total value locked (TVL) of $100 billion, solidifying its position as a major player in the DeFi ecosystem.

改進其sfrxETH 流動質押代幣(LST) 以支持重新質押。將2.5 億FRAX 分配給Morpho Labs 的Ethena sUSDe 穩定幣借貸池，以增加協議收入。推出新的LST，包括為NEAR、TIA 和METIS 質押衍生品。該路線圖還制定了Fraxtal（Frax 的第 2 層網絡）的雄心勃勃的目標。 Fraxtal 的目標是到 2026 年底吸引總鎖定價值（TVL）達到 1000 億美元，鞏固其作為 DeFi 生態系統主要參與者的地位。

Frax Leads the Charge in DeFi Fee Switch Revolution

Frax 引領 DeFi 費用轉換革命

Frax's implementation of the fee switch marks a watershed moment for the Web3 community. It demonstrates a tangible commitment to rewarding stakers for their contributions to the protocol's growth and security.

Frax 實施費用轉換標誌著 Web3 社群的分水嶺時刻。它表明了獎勵利益相關者對協議發展和安全做出貢獻的實際承諾。

The success of Uniswap's fee switch, which resulted in a substantial rally in the price of UNI tokens, serves as a testament to the positive impact of such mechanisms on project value. While FXS tokens have experienced some volatility following the fee switch activation, the long-term prospects for this innovative protocol remain exceptionally bright.

Uniswap 費用轉換的成功導致 UNI 代幣價格大幅上漲，證明了此類機制對專案價值的正面影響。儘管 FXS 代幣在費用轉換啟動後經歷了一些波動，但這項創新協議的長期前景仍然異常光明。

As the DeFi landscape continues to evolve, projects that embrace innovative fee-sharing models and implement robust roadmaps are poised to emerge as the leaders of the decentralized finance revolution. Frax, with its proven track record of innovation and community engagement, is well-positioned to capitalize on these opportunities.

隨著 DeFi 格局的不斷發展，採用創新費用共享模式並實施穩健路線圖的專案有望成為去中心化金融革命的領導者。 Frax 憑藉其在創新和社區參與方面的良好記錄，完全有能力利用這些機會。