Add Gauge for UniV3 FRAX/agEUR Pair

Voting ended about 4 years agoSucceeded

Forum Thread: https://gov.frax.finance/t/angle-protocol-gauge/208

Proposal: Add the UniV3 FRAX/agEUR stablecoin pair to FRAX Gauges

Abstract: agEUR is a Euro stablecoin issued by the Angle Protocol. It is the biggest Euro stablecoin in the market. The Angle Protocol is soon going to launch FRAX as a collateral making it another integration for the FRAX ecosystem.

As mentionned in the forum thread, there would be multiple benefits for this gauge: 1.) Create Euro exposure for FRAX holders through the FRAX/agEUR pool 2.) Angle is going to further incentivize the gauge with ANGLE rewards doubling the token rewards for users 3.) Build a partnership with a decentralized stablecoin protocol (that does not plan to go to USD) that builds in itself many interesting use cases for FRAX holders like strategies for FRAX on Aave

Voting Options: Yes: Add UniV3 agEUR/FRAX pair to veFXS gauges No: Do nothing

Off-Chain Vote

Yes

1.24M 95.7%

55.82K 4.3%

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Timeline

Nov 25, 2021Proposal created

Nov 25, 2021Proposal vote started

Nov 28, 2021Proposal vote ended

Oct 26, 2023Proposal updated