Authors

Frax Core Team

Summary

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

frxETH-cbETH Curve Pool

Pool : 0x73069892f6750ccaaababadc54b6b6b36b3a057d Token: 0x548e063ce6f3bac31457e4f5b4e2345286274257 Gauge: 0xd10c17d82053dd0ab65851a9a93a0abe0c4f4794

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