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Convex FinanceConvex Financeby0x724061efDFef4a421e8be05133ad24922D07b5Bf0x7240…b5Bf

[Frax] [FIP - 276] Add a new market into Fraxlend on Ethereum (FRAX/WETH)

Voting ended over 2 years agoSucceeded

Quorum: 8.37m CVX

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
WETH FRAX 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 FRAX 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
10.13M CVX100%
Against
0 CVX0%
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Timeline

Aug 01, 2023Proposal created
Aug 01, 2023Proposal vote started
Aug 04, 2023Proposal vote ended
Oct 26, 2023Proposal updated