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Convex FinanceConvex Financeby0x724061efDFef4a421e8be05133ad24922D07b5Bf0x7240…b5Bf

[Frax] [FIP - 311] Add Curve FRAX/FXB_20241231 on Arbitrum to the FXS gauge controller

Voting ended about 2 years agoSucceeded

Quorum: 8.08m CVX

Summary

Proposal to add Curve FRAX/FXB_20241231 pool on Arbitrum to the FXS gauge controller.

Background And Motivation

Adding the Curve FRAX/FXB pools to the FXS gauge controller on Arbitrum is a strategic move by Frax Finance to enhance its liquidity and 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

FRAX/FXB_20241231 Curve Pool on Arbitrum:

Curve Pool Address: https://curve.fi/#/arbitrum/pools/factory-stable-ng-3/deposit

Pool / Token: 0xe920eedaff6c3bed1ef61010b64d46986634e908

CRV Gauge: 0x05824d6d4de8a0ede4e12b98387a4f035a67ee68

Vote

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

Off-Chain Vote

For
8.55M CVX100%
Against
0 CVX0%
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Timeline

Dec 28, 2023Proposal created
Dec 28, 2023Proposal vote started
Dec 31, 2023Proposal vote ended
Dec 31, 2023Proposal updated