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Convex FinanceConvex Financeby0x724061efDFef4a421e8be05133ad24922D07b5Bf0x7240…b5Bf

[Frax] [FIP - 291] Add triSDT to the gauge controller

Voting ended over 2 years agoSucceeded

Quorum: 7.85m CVX

Bacground & motivation

Continuing the push to make frxETH a base layer for liquidity pairing of governance tokens, this proposal aims to add a gauge for Convex wrapped positions of SDT/frxETH/crvUSD tripool.

Abstract

Add an FXS gauge for the following Convex pool: SDT/frxETH/crvUSD The staking token is a wrapped Convex staking position that receives CRV and CVX rewards. Curve LP token: 0x954313005C56b555bdC41B84D6c63B69049d7847 Convex pool ID: 233 URL: https://www.convexfinance.com/stake/ethereum/233

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 triSDT to the FXS gauge controller as staked Convex positions
  • Against: Do nothing.

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

Off-Chain Vote

For
8.63M CVX100%
Against
0 CVX0%
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Timeline

Sep 28, 2023Proposal created
Sep 28, 2023Proposal vote started
Oct 01, 2023Proposal vote ended
Oct 26, 2023Proposal updated