[FIP - 400] Create a new Fraxlend pair (GRT/FRAX) on Ethereum Mainnet

Authors: @Westwood

Summary: Propose the creation of a new Fraxlend pair on the Ethereum mainnet: GRT/FRAX.

Details:

• Fraxlend Pair Name: GRT/FRAX - Variable Rate V2
• Chain: Ethereum Mainnet
• Max Authorized Allocation: 1,000,000 FRAX
• Max Loan-to-Value (LTV): To be decided by the development team.

Background and Motivation: GRT (The Graph) is a key infrastructure token in the DeFi space, with a high market cap and strong reputation within the ecosystem. Although GRT's liquidity may not be as high as some other tokens, its market standing and wide adoption make it an attractive addition to Fraxlend. Allowing the development team to decide the LTV ensures that risk parameters are carefully managed.

Liquidity Profile: While GRT may not have the highest liquidity, its strong market cap and importance within the ecosystem provide confidence in its stability as a lending asset.

Why Adding GRT to Fraxlend is Beneficial: Incorporating GRT into Fraxlend enhances the platform's offerings by adding a respected and widely held asset, which can attract more users and further diversify the Frax ecosystem.

Voting:

• For: Approve the creation of the GRT/FRAX Fraxlend pair on Ethereum Mainnet with the specified max authorized allocation and allow the development team to decide the LTV.
• Against: Do not approve the creation of the new Fraxlend pair.