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HourglassHourglassby0x092308e1DCDeCA61bF1153Dd92E15eD08E164982pitchdeployer.eth

[Frax] [FIP - 179] Add STG/FraxBP to FXS gauge controller

Voting ended about 3 years agoFailed

Author

C2tP (Convex Finance)

Proposal

Continue to incentivize FraxBP pools by adding a FXS gauge for the STG/FraxBP Convex pool.

The staking token is a wrapped Convex staking position represented by an erc-20 that receives CRV and CVX rewards. This token can then be staked on a Frax Finance gauge to then also receive FXS rewards.

The wrapped staking position itself is an unmanaged trustless position and can be found on the Convex github at https://github.com/convex-eth/platform/blob/main/contracts/contracts/wrappers/ConvexStakingWrapperFrax.sol

Voting

  • For: Add the STG/FraxBP pool to the FXS gauge controller as a staked Convex position.

  • Against: Do nothing.

Off-Chain Vote

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Against
0 pitchFXS0%
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Discussion

Hourglass[Frax] [FIP - 179] Add STG/FraxBP to FXS gauge controller

Timeline

Feb 01, 2023Proposal created
Feb 01, 2023Proposal vote started
Feb 03, 2023Proposal vote ended
Jan 05, 2024Proposal updated