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Everything You Need to Know About frxETH v2 w/ Sam Kazemian - Flywheel #56

Flywheel DeFi

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The Future of Sequencers

VFXS holders can vote on what group of people run sequencers for FraxChain, right? Like you can actually have a system where the sequencers are fully decentralized. And all this stuff can be done on chain because VFXS is staked on mainnet. The elections and the auctions happen on mainnet itself,. And then the fees for Fraxchain in Frax ETH are paid to VFXS holders.

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