Authors

Frax Core Team

Summary

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

frxETH-sETH Curve Pool

Pool/Token : 0x663ac72a1c3e1c4186cd3dcb184f216291f4878c Gauge: 0x77ef5d544ff6c739e7e10a549f64dd08055538d1

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