Forum Thread: https://gov.frax.finance/t/fip-21-g-uni-gauge-for-frax-stablecoin-pairs/127
Proposal: Add the following G-UNI stablecoin pairs to Frax gauges including:
FRAX-DAI FRAX-sUSD FRAX-LUSD FRAX-UST FRAX-USDN FRAX-USDP FRAX-alUSD FRAX-MIM FRAX-TUSD FRAX-FEI
Abstract: G-UNI is a fungible (ERC20) wrapper around an LP Position on a Uniswap V3 trading pair. Fees earned by the position are automatically reinvested into the position by Gelato automation for compounding effects. Liquidity is added into the G-UNI Pooled Position and G-UNI tokens are minted. These G-UNI tokens have the ability to be staked into liquidity mining program such as Frax's veFXS rewards to earn FXS
Technical Details: The G-UNI stablecoin pools will be a fixed range position that does not change. At first, the pool will be managed by the Gelato multisig but will be handed off to the Frax team shortly after.
Example G-UNI FRAX/DAI specs Fee Tier: 0.05% Position Lower Bound: 1 FRAX = 0.9901 DAI (tick = -100) Position Upper Bound: 1 FRAX = 1.0101 DAI (tick = 100)
Voting Options: Yes, add G-UNI Frax stablecoin pairs to veFXS gauges No, do nothing