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FraxFraxby0xc3d6f21c79C2567A1858d8b93a4EDBD9dB399d9dnader

[FIP - 351] Add a new markets into Fraxlend on Ethereum & Fraxtal (rsETH/frxETH)

Voting ended almost 2 years agoSucceeded

Author

Frax Core Team

Summery

The proposal aims to incorporate new markets into Fraxlend on the Ethereum mainnet and Fraxtal mainnet with the following specifications:

Asset Collateral Rate Type Chain Max LTV Fraxlend Pair Address
frxETH rsETH Variable Rate V2 Ethereum & Fraxtal TBD TBD

Background and Motivation

The proposal seeks to introduce new markets into Fraxlend on Ethereum and Fraxtal, offering opportunities for borrowing/lending frxETH and using LRTs as collateral, As the Frax Finance protocol continues to evolve and expand, incorporating new markets will enhance its versatility and attract a wider user base.

Options

For: Deploy mentioned lending pair on Fraxlend in Ethereum mainnet and Fraxtal mainnet Against: Do nothing

Off-Chain Vote

For
29.9M FXS100%
Against
0 FXS0%
Quorum:416%
Download mobile app to vote

Discussion

Frax[FIP - 351] Add a new markets into Fraxlend on Ethereum & Fraxtal (rsETH/frxETH)

Timeline

Apr 15, 2024Proposal created
Apr 15, 2024Proposal vote started
Apr 20, 2024Proposal vote ended
Nov 21, 2025Proposal updated