Authors

Frax Core Team

Summary

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

frxETH-stETH Curve Pool

Pool/Token : 0x4d9f9d15101eec665f77210cb999639f760f831e Gauge: 0x821529bb07c83803c9cc7763e5974386e9efedc7

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