# Frax Finance Unveils Ambitious Roadmap to Reach $100 Billion TVL, FXS Price Potential Uptrend Ahead

Frax Finance, a decentralized finance (DeFi) protocol, has recently revealed its Singularity Roadmap aiming to catapult the total value locked (TVL) of its layer 2 blockchain, Fraxtal, to $100 billion by the close of 2026. This significant surge would signify a staggering 760,000% increase from the current TVL of $13 million.

## Frax Finance Singularity Roadmap
According to the protocol’s announcement, Fraxtal, the backbone of the Frax ecosystem, acts as Frax Finance’s operating system. With the launch of Fraxtal and the attainment of an effective 100% Collateralization Ratio (CR), Frax Finance claims to have solidified its core product offerings.

To achieve the lofty $100 billion TVL target, the protocol has declared it has already amassed over $45 million, hitting the coveted 100% CR milestone. With this achievement, the FRAX stablecoin and the FXS revenue share are positioned for significant transformations, as well as the forthcoming introduction of Layer 3s (L3s) on Fraxtal, expected to drive further growth and adoption of the protocol.

Fraxtal, constructed on the Optimism (OP) network, emerges as one of the most extensively utilized layer 2 solutions on Ethereum (ETH), according to the protocol. The Frax team asserts that it has formulated underlying incentives to offer a seamless experience for developers and users, thereby fostering adoption.

## Expansion Strategy
The proposal also outlines Frax Finance’s strategy to establish 23 Layer 3s within a year, initiating the “Fraxtal Nation” community. By extending support to these 23 chains through developer access, incentives, and investment, Frax aims to cultivate a positive-sum strategy and provide added backing to official partners.

Moreover, Frax Finance founder Sam Kazemian plans to allocate 50% of protocol fee revenues to veFXS token holders, enhancing liquidity, fortifying the Frax balance sheet, and providing supplementary incentives for the protocol’s stakeholders.

## Current FXS Status
At present, FXS has not responded positively to the news, with its current trading price at $6.93, reflecting a 3.5% loss in the last 24 hours. It is essential to note that the proposed protocol features are still under development, and their impact on the Frax Finance ecosystem and the token’s performance is yet to be determined.

**Sources:** [Frax Finance](https://gov.frax.finance/t/frax-singularity-roadmap-part-1/2987), [TradingView.com](https://www.tradingview.com/chart/7W2R5XTA/)

**Featured image from Shutterstock, chart from TradingView.com**

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## FAQ

**What is Frax Finance’s Singularity Roadmap?**
Frax Finance’s Singularity Roadmap aims to propel the total value locked (TVL) of its layer 2 blockchain, Fraxtal, to $100 billion by the end of 2026. This surge would mark a 760,000% increase from the current TVL levels.

**What initiatives are included in Frax Finance’s Expansion Strategy?**
The Expansion Strategy includes plans to establish 23 Layer 3s within a year, fostering the “Fraxtal Nation” community. Additionally, 50% of protocol fee revenues are set to be allocated to veFXS token holders to enhance liquidity and provide incentives for stakeholders.