[Frax] [FIP - 114] Badger Fraxbp Gauge

Quorum: 8.02m CVX

Author

C2tP (Convex Finance)

Proposal

Background & Motivation

Continuing the push to incentivize FraxBP pools, this proposal will add gauges for Convex wrapped positions of the following pools. (Similar to FIP 97 - Initial FRAXBP Metapool Gauges)

Abstract

Add a FXS gauge for the following Convex pools:

Badger/FraxBP

The staking token is a wrapped Convex staking position represented by an erc-20 that receives CRV and CVX rewards. This token can then be staked on a Frax Finance gauge to then also receive FXS rewards.

The wrapped staking position itself is an unmanaged trustless position and can be found on the Convex github at platform/ConvexStakingWrapperFrax.sol

Voting

For: Add the listed pools to FXS gauge controller as staked Convex positions

Against: Do nothing.