Frax Finance Core Team
This governance proposal seeks to whitelist sFRAX and FXBs as collateral assets for FPI to enhance the Frax Finance ecosystem's stability, liquidity, and growth potential.
The introduction of sFRAX and FXBs represents a significant advancement within the Frax Finance ecosystem, aligned with the broader FRAX v3 initiative.These innovative products represent a gateway to accessing real-world asset (RWA) yields, underpinning the ecosystem's resilience, utility, and overall value proposition. By whitelisting sFRAX and FXBs as collateral assets within the FPI protocol, the Frax Finance community can harness the power of these novel assets, unlock lucrative RWA yields, and bolster the ecosystem's growth and sustainability.
This proposal aims to integrate sFRAX and FXBs as eligible collateral assets within the FPI Protocol. By doing so, it expands the collateral pool, introduces parallel yield-generating strategies, diversifies the ecosystem, and potentially increase profitability of this protocol for FPIS holders.