随着协议费用转换上线，Frax 质押者将存入 400,000 美元

在该协议激活其“费用开关”后，Frax 质押者将很快分享 40 万美元的费用收入。此举将 Frax 协议费用的 50% 分配给质押者，可能产生 2080 万美元的年收入。在此之前，Uniswap 也采取了类似举措，其中费用共享推动了 UNI 价格飙升。

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

随着费用转换激活，Frax Stakers 将获得 400,000 美元的协议收入

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 已成为 Web3 领域的里程碑式举措，成为首批实施令人垂涎的费用转换机制的项目之一。因此，Frax 质押者本周将共同分享价值 40 万美元的协议费收入。

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.

这一关键决定几乎获得了 Frax 社区的一致支持，标志着该项目发展轨迹的一个重要里程碑。费用转换的激活将把 50% 的协议费用转移给 veFXS 质押者，其余 50% 转移给专门的 FXS 回购计划。

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 社区对费用转换的激活表现出了极大的热情。 DeFi Llama 的数据显示，该协议在过去 365 天里创造了令人印象深刻的 4740 万美元收入。这一收入流预计将在未来几个月进一步增长，为 veFXS 质押者带来可观的收入。

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.

费用转换激活的时间与 Frax 最近推出的“奇点路线图第 1 部分”提案战略一致。该路线图概述了一项全面计划，旨在将 Frax 打造成去中心化金融（DeFi）生态系统的领先者。

Frax Unveils Visionary Roadmap for Defi Dominance

Frax 公布了 DeFi 主导地位的愿景路线图

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

奇点路线图的核心是引入创新解决方案，解决 DeFi 领域的关键挑战。主要举措包括：

• 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.

改进其 sfrxETH 流动质押代币 (LST) 以支持重新质押。将 2.5 亿 FRAX 分配给 Morpho Labs 的 Ethena sUSDe 稳定币借贷池，以增加协议收入。推出新的 LST，包括为 NEAR、TIA 和 METIS 质押衍生品。该路线图还制定了Fraxtal（Frax 的第 2 层网络）的雄心勃勃的目标。 Fraxtal 的目标是到 2026 年底吸引总锁定价值（TVL）达到 1000 亿美元，巩固其作为 DeFi 生态系统主要参与者的地位。

Frax Leads the Charge in DeFi Fee Switch Revolution

Frax 引领 DeFi 费用转换革命

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 实施费用转换标志着 Web3 社区的分水岭时刻。它表明了奖励利益相关者对协议发展和安全做出贡献的切实承诺。

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 费用转换的成功导致 UNI 代币价格大幅上涨，证明了此类机制对项目价值的积极影响。尽管 FXS 代币在费用转换激活后经历了一些波动，但这一创新协议的长期前景仍然异常光明。

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.

随着 DeFi 格局的不断发展，采用创新费用共享模式并实施稳健路线图的项目有望成为去中心化金融革命的领导者。 Frax 凭借其在创新和社区参与方面的良好记录，完全有能力利用这些机会。