# Proposal to Tokenize FXTL into a Separate Token Independent of FXS

**URL:** <https://gov.frax.finance/t/proposal-to-tokenize-fxtl-into-a-separate-token-independent-of-fxs/3117>\
**Category:** Governance Proposals\
**Created:** [July 2, 2024, 9:50am UTC](https://gov.frax.finance/t/proposal-to-tokenize-fxtl-into-a-separate-token-independent-of-fxs/3117 "2024-07-02T09:50:29Z")\
**Posts on this page:** 1\
**Showing post:** 15

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**Author:** ![Oldpaul](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/oldpaul/32/1576_2.png) [@Oldpaul](https://gov.frax.finance/u/Oldpaul)\
**Post date:** [July 3, 2024, 9:56am UTC](https://gov.frax.finance/t/proposal-to-tokenize-fxtl-into-a-separate-token-independent-of-fxs/3117/15 "2024-07-03T09:56:14Z")

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Thank you all for your thoughtful feedback on my proposal

@samkazemian @ertemann @Bueno_Pues @wolfehr @messi @Westwood🙏

After considering the community’s input, I’ve decided to take it down. I truly appreciate the constructive discussions it sparked, which have been invaluable in addressing the uncertainty around FXTL. Let’s keep working together to find the best solutions for our ecosystem. The best alternative proposal, IMHO, at the moment comes from @wolfehr, here:

> [@Use FXTL to redistribute Fraxtal revenue to users](https://gov.frax.finance/t/use-fxtl-to-redistribute-fraxtal-revenue-to-users/3125):
>
> Authors @wolfehr Summary Treat Fraxtal as a new Frax product that distributes 90% of revenue back to users, with the remaining 10% going to veFXS and insurance. Key Principals The FXTL system should incentivize Fraxtal usage, Fraxtal TVL, and building/innovating on Fraxtal. Revenue that Fraxtal generates should be users redistributed to users who add value to the ecosystem (as measured by FXTL) FXTL should not produce FXS inflation FXS should charge a fee for building and maintaining Frax…

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_[View the full topic](https://gov.frax.finance/t/proposal-to-tokenize-fxtl-into-a-separate-token-independent-of-fxs/3117)._