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AladdinDAOAladdinDAOby0x3538C75bE8bA1d308685f5D3Ba461C861B421a920x3538…1a92

[Frax] [FIP - 321] Add a new markets into Fraxlend on Ethereum (sFRAX/WETH)

Voting ended about 2 years agoSucceeded

Quorum: 10% xALD

Author

Frax Core Team

Summery

The proposal aims to incorporate new markets into Fraxlend on the Ethereum mainnet with the following specifications:

Asset Collateral Rate Type Chain Max LTV Fraxlend Pair Address
WETH sFRAX Variable Rate V2 Ethereum TBD TBD

Background and Motivation

The proposal seeks to introduce new markets into Fraxlend on Ethereum, offering opportunities for short positions with sFRAX as collateral and other assets as the lending or borrowing asset. As the Frax Finance protocol continues to evolve and expand, incorporating new markets will enhance its versatility and attract a wider user base.

Options

For: Deploy mentioned lending pair on Fraxlend in Ethereum mainnet 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 19, 2024Proposal vote ended
Jan 19, 2024Proposal updated