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AladdinDAOAladdinDAOby0x3538C75bE8bA1d308685f5D3Ba461C861B421a920x3538…1a92

[Frax] [FIP - 344] Add a new market into Fraxlend on Ethereum (ezETH/frxETH)

Voting ended about 2 years agoSucceeded

Quorum: 10% veCLEV

Author

Frax Core Team

Summery

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

Asset Collateral Rate Type Chain Max LTV Fraxlend Pair Address
frxETH ezETH Variable Rate V2 Ethereum TBD TBD

Background and Motivation

The proposal seeks to introduce new markets into Fraxlend on Ethereum, offering opportunities for borrowing/lending frxETH and using LRTs as collateral, 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
12.52K xALD100%
Against
0 xALD0%
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Timeline

Apr 01, 2024Proposal created
Apr 01, 2024Proposal vote started
Apr 03, 2024Proposal vote ended
Apr 03, 2024Proposal updated