# Why Ketju rejected Fraxtal

- URL: https://riadefi.com/rejections/fraxtal/
- Exposure: other
- Memo version: v1
- Reviewed: 2026-08-19
- Next review: 2026-11-19

## The memo

REJECTED. The worklist entry measures assets locked for an OP Stack rollup, not a yield product. Fraxtal currently depends on a permissioned sequencer, upgradeable Ethereum bridge proxies, a Frax-team data-availability module, and a seven-day ordinary L2 withdrawal; official materials describe future validator security rather than a live permissionless replacement. Until a separate chain grade proves an enforceable exit window and bounds emergency authority, the bridge balance is rejected as a client position.

## What would reopen the file

- Fraxtal receives a sourced Ketju chain grade with no active rejection criterion
- Permissionless fault proofs and forced inclusion are live and a proposed-size Ethereum exit completes without sequencer cooperation
- Every regular upgrade has an enforceable on-chain delay of at least 7 days and emergency authority is independently bounded
- The production data-availability mechanism and recovery path become independently verifiable

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Published by Ketju Research (https://ketjuresearch.com). Educational analysis only; not legal, tax, compliance, or investment advice.
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