Quorum: 7.71m CVX

Authors

Frax Core Team

Summary

Proposal to add the following pool to the FXS gauge controller:

frxETH-CRV Curve Pool

Pool: 0x442f37cfd85d3f35e576ad7d63bba7bb36fcfe4a Token: 0xc34993c9adf6a5ab3b4ca27dc71b9c7894a53974 Gauge: 0x266ce172a1180134cf6c7836c516bd6a58b1f619

Background and Motivation

Building on the momentum of FIP - 229, which extended FXS gauge eligibility to pools and vaults with frxETH, we now have an opportunity to stimulate further growth of frxETH.

This initiative is a strategic element of our growth plan for frxETH. By leveraging Convex's proficiency in enhancing yield for Curve LP positions, we seek to stimulate more substantial growth and adoption of frxETH. The inclusion of these pools not only augments the utility of frxETH but also brings diversification and resilience to our strategy.

Vote

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