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Convex FinanceConvex Financeby0x724061efDFef4a421e8be05133ad24922D07b5Bf0x7240…b5Bf

[Frax] [FIP - 301] Add Curve FRAX/USDC.e on Arbitrum to the FXS gauge controller

Voting ended over 2 years agoSucceeded

Quorum: 7.72m CVX

Summary

Proposal to add Curve FRAX/USDC.e pool on Arbitrum to the FXS gauge controller.

Background And Motivation

Adding the Curve FRAX/USDC.e pool to the FXS gauge controller on Arbitrum is a strategic move by Frax Finance to enhance its liquidity and market presence. Additionally, the FXS gauge's ability to distribute ARB tokens positions it as a vital instrument for Frax Finance to efficiently allocate current and future grant-funded incentives within the ecosystem.

Pool Details

FRAX/USDC.e Curve Pool on Arbitrum:

Curve Pool Address: https://curve.fi/#/arbitrum/pools/factory-v2-41/deposit

Pool / Token : 0xc9b8a3fdecb9d5b218d02555a8baf332e5b740d5

CRV Gauge : 0x95285ea6ff14f80a2fd3989a6bab993bd6b5fa13

Vote

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

Off-Chain Vote

For
8.76M CVX100%
Against
0 CVX0%
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Timeline

Nov 20, 2023Proposal created
Nov 20, 2023Proposal vote started
Nov 23, 2023Proposal vote ended
Nov 23, 2023Proposal updated