FRAX FINANCE BIWEEKLY PROJECT UPDATE - #27
Week ending 11/16/2025
What We Did
Events / Media
[Signaling Theory Podcast] Co-Founder Sam Kazemian was hosted by Logarithmic Rex on the Signaling Theory Podcast where he discussed, in addition to other topics, the differences between fintech and crypto. Link.
[Rollup TV] Sam appeared in Rollup TV (around 1hr 52m in). Link.
Governance
Note: Does not include votes that did not meet quorum. Also, only ongoing and completed votes.
None for past 2 weeks.
Partnerships / External Integrations
[Curve Finance] The frxUSD/crvUSD PegKeeper pool was deployed on Curve Finance, fully backed and built for GENIUS compliance. Link.
[Feather] Frax incentives went live on Feather on Sei Network. The users will be able to get paid to borrow against sfrxUSD. Link.
[Metropolis DEX] Incentivized frxUSD - USDC Vault. Link.
Tech
[Flox / FXTL] Routine maintenance. Still doing final work on FXTL conversions.
[Fraxnet] Scroll integration. Fraxtal automated IRS Form 1099 and other tax/KYB/compliance work. WGTXX async redemption automation. Ether.Fi integration work.
[Fraxlend] WFRAX-frxUSD Fraxlend deployed on Ethereum. Todo: Stablenet Fraxlend deployment. Branded stablecoin.
[Multichain / LayerZero] HopV2. LZ pathway and OFT versioning maintenance and upgrades. Gasolina API and LZ mesh review. Todo: Tron, Monad and MegaETH OFT deployment. Stable Frax DVN deployment and OFT Deployment
Other
[FraxFeed] Trantor, Lead at Etherex was interviewed by FraxFeed where he explored their innovative model for sustainable growth and the role Frax assets play. Link.
About Frax
At Frax, we’re building the world’s most scalable stablecoin infrastructure for the next generation of finance.
You can see a more detailed overview here.
Legal Disclaimers
This announcement is not intended to provide financial, legal, or investment or other advice and we recommend that you do not rely on, and do not make any financial or other decision based on this announcement. It has been written and published by members of the Frax team and provides no guarantee, commitment, or undertaking to utilize any Frax-related funds, assets, properties, or personnel. Frax does not owe, and does not intend to assume, any duties or obligations to Frax users or participants. The Frax community (namely veFXS holders) may decide, through voting mechanisms, to direct the protocol in an entirely different direction than that of the team, and the latter would be obligated to follow said vote(s).
To the maximum extent permitted by applicable law, all software relating to Frax is being provided on an as-is, where-is basis, with no representations or warranties being made to Frax participants and with no liability to the Frax protocol or any other person involved in the development of Frax. The statements set forth in this announcement also are not intended to be warranties, representations, guarantees, or assumptions of duty or liability of any kind. The protocol will not be liable for any damages arising from its use or misuse.
The forward-looking statements in this announcement are subject to numerous assumptions, uncertainties, and risks which are subject to change over time. Such assumptions, risks and uncertainties could cause actual results or developments to differ materially from the results and developments anticipated by us. Even if anticipated results and developments are realized, such results and developments may nevertheless fail to achieve any or all of the expected benefits anticipated by this announcement.