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Convex FinanceConvex Financeby0x724061efDFef4a421e8be05133ad24922D07b5Bf0x7240…b5Bf

[Frax] [FIP - 112] Migrate Temple/Frax gauge

Voting ended over 3 years agoSucceeded

Quorum: 7.60m CVX

Author

FraxiG

Background

With the introduction of Temple’s STAX product and Convex entering the veFXS wars, Temple now has a vault with Convex Finance and utilizes Convex’s veFXS to get boosted FXS rewards. However, preConvex LP can’t migrate to this new vault, which means that STAX now has a stash of LP that’s boosted by Convex and a stash that is not.

The Templedao team has requested to allow preConvex LP’s to be migrated over.

Proposal

I propose that we unlock the Temple/Frax LP pair to allow for migration. Doing so will allow Temple/Frax LP providers to move over to STAX and earn higher rewards by taking advantage of Templedao’s Convex vault.

  • For: Unlock the Temple/Frax LP pair
  • Against: Do nothing

Off-Chain Vote

For
171.39K CVX2.2%
Against
7.46M CVX97.8%
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Timeline

Sep 13, 2022Proposal created
Sep 13, 2022Proposal vote started
Sep 16, 2022Proposal vote ended
Oct 26, 2023Proposal updated