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Bent FinanceBent Financeby0x8200d84590eCeb10C6471268930e2924F34e3D69bentvote.eth

[Frax] [FIP - 320] Add a new markets into Fraxlend on Ethereum (sFRAX/WBTC)

Voting ended about 2 years agoSucceeded

Quorum: 8.30m CVX

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
WBTC 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
2.26M weBENT100%
Against
0 weBENT0%
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Timeline

Jan 17, 2024Proposal created
Jan 17, 2024Proposal vote started
Jan 20, 2024Proposal vote ended
Mar 22, 2024Proposal updated