Quorum: 7.71m CVX

Authors

Frax Core Team

Summary

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

frxETH-rETH Curve Pool

Pool : 0xe7c6e0a739021cdba7aac21b4b728779eef974d9 Token: 0xba6c373992ad8ec1f7520e5878e5540eb36debf1 Gauge: 0xf20bd4d5a4112d5f9c64adf53726f3ef1b7d0d61

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