
🎓 Frax’s crosschain strategies
The Omnichain Fungible Token (OFT) standard!
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@fraxfinance’s crosschain strategy is built around the Omnichain Fungible Token (OFT) standard.
This particular standard, engineered from @LayerZero_Core allows assets like $frxUSD and $sfrxUSD to be minted and redeemed natively across multiple blockchains.
Without creating wrapped versions or isolated liquidity on each chain, OFT maintains a consistent asset model that can operate across multiple networks.
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When assets move between chains, supply is reduced on the source chain and created on the destination chain, ensuring supply remains consistent at all times.
As well, Fraxtal plays a central role in this structure by acting as the execution environment where Frax assets are issued and coordinated.
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Through the OFT standard, Frax assets are available across more than 20 blockchains.
This includes both EVM and non-EVM chains, all connected through the same mint-and-redeem logic.
frxUSD, sfrxUSD, and several other Frax assets, like $frxETH, $sfrxETH, $FPI, $WFRAX, are supported by this fundamental omnichain design.
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This structure forms the foundation of Frax’s crosschain strategy and provides a defining architectural principle of the protocol.
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Learn more about this important core mechanism, below:
#overview" target="_blank" rel="nofollow noopener">docs.frax.com/protocol/cross…

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