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![CryptoISFreedom Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2904334601.png) IW [@CryptoISFreedom](/creator/twitter/CryptoISFreedom) on x 1832 followers
Created: 2025-07-09 13:32:23 UTC

Frax gotz XXXXXX ETH into the Strategic ETH Reserve, no, not just pass-through user funds, but protocol-owned ETH from staking revenue, treasury ops, and pure skin in the game.

frxETH isn’t just a wrapper, it’s protocol conviction, Frax owns ETH, stakes ETH, and now puts it on public display for the entire DeFi world to see.

When others farm yield and flee, Frax locks value, aligns with Ethereum, and backs it up with cold, hard treasury ETH.

The only question: 
Which protocol is actually building the financial backbone for the next cycle? 
(Spoiler: It’s not the ones holding Tether.)

“Protocol-owned liquidity” is cute. 
Try “protocol-owned Ethereum.”


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1942939892272808409/c:line.svg)

**Related Topics**
[coins stablecoin](/topic/coins-stablecoin)
[frxusd](/topic/frxusd)
[fraxfinance](/topic/fraxfinance)
[locks](/topic/locks)
[stakes](/topic/stakes)
[protocol](/topic/protocol)
[frxeth](/topic/frxeth)
[staking](/topic/staking)

[Post Link](https://x.com/CryptoISFreedom/status/1942939892272808409)