Fraxtal Point System (FXTL) is an incentive mechanism within the Fraxtal ecosystem designed to reward participants for their engagement and contributions. It tracks user activity such as interacting with smart contracts, utilizing new protocols deployed on the chain, and holding specific digital assets. ^[1]

Overview

The Fraxtal Point System utilizes FXTL as a ticker to represent accumulated points. These points serve as a method to incentivize user participation and growth within the Fraxtal layer 2 blockchain environment. The system aims to encourage the creation and use of decentralized applications and the holding of designated tokens on the network. The accumulation and management of FXTL points are recorded and tracked via a dedicated smart contract deployed on the Fraxtal mainnet. ^[1]

Smart Contract

The core component for tracking and managing FXTL points is the FraxtalPoints smart contract. This contract is deployed and operational on the Fraxtal mainnet. It serves as the official record for all point balances and transactions within the system.

• Contract Name: FxtlPoints
• Address: 0xaB4b7c5C9A7C8EbB97877085A6C3550ad4Ed3f97
• Chain: Fraxtal mainnet

Users can interact with this contract or use block explorers to view details related to FXTL points. ^[1]