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AladdinDAOAladdinDAOby0x3538C75bE8bA1d308685f5D3Ba461C861B421a920x3538…1a92

[Frax] [FIP 319] Add Aave V3 aFRAX on Arbitrum to the FXS Gauge Controller

Voting ended about 2 years agoSucceeded

Quorum: 10% xALD

Author

@0xlide - Saucy Block

Summary

Proposal to add Aave V3 aFRAX pools on Arbitrum to the FXS gauge controller.

Background And Motivation

Adding the Aave V3 aFRAX pools to the FXS gauge controller on Arbitrum is a strategic move by Frax Finance to enhance its market presence. Additionally, the FXS gauge’s ability to distribute ARB tokens positions it as a vital instrument for Frax Finance to allocate current and future grant-funded incentives within the ecosystem efficiently.

Pool Details

Aave V3 aFRAX pools on Arbitrum: Aave Pool Adress: https://app.aave.com/reserve-overview/?underlyingAsset=0x17fc002b466eec40dae837fc4be5c67993ddbd6f&marketName=proto_arbitrum_v3

Pool/Token: 0x38d693cE1dF5AaDF7bC62595A37D667aD57922e5

Vote

・For: Add mentioned Curve pool on Arbitrum to the FXS gauge controller ・Against: Do nothing

Off-Chain Vote

For
24.65K xALD100%
Against
0 xALD0%
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Timeline

Jan 17, 2024Proposal created
Jan 17, 2024Proposal vote started
Jan 18, 2024Proposal vote ended
Jan 19, 2024Proposal updated