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Stake DAO FXSStake DAO FXSby0x40938d09b4A2a40b6538F7a8F77fC1971F8cEF540x4093…EF54

[FIP - 386] Add FXS/frxETH LP Pool on Ra to FXS Gauge Controller on Fraxtal

Voting ended over 1 year agoFailed

Author: @westwood

Summary:

This proposal aims to add the FXS/frxETH liquidity pool on Ra to the FXS gauge controller on Fraxtal. The goal is to enhance the monetary premium of both FXS and frxETH by incentivizing liquidity provision on Fraxtal and strengthening our partnership with Ra.

Background and Motivation:

  • Enhance Liquidity: Increase liquidity for the FXS/frxETH pair on Fraxtal.

  • Yield Opportunities: Provide additional yield opportunities for FXS and frxETH holders.

  • Monetary Premium: Strengthen the monetary premium of FXS and frxETH.

  • Incentivize Liquidity: Encourage more liquidity on Fraxtal.

  • Strengthen Partnership: Continue to build positive sum relationships with ecosystem partners.

Proposal:

Add the FXS/frxETH LP pool on Ra to the FXS gauge controller on Fraxtal.

Address:

0x4f66cbd698f1fe6e2692d1de5d758027a5272787

Voting:

For: Approve the addition of the FXS/frxETH LP pool on Ra to the FXS gauge controller on Fraxtal.

Against: Do nothing.

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Against
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Timeline

Jul 23, 2024Proposal created
Jul 23, 2024Proposal vote started
Jul 26, 2024Proposal vote ended
Jul 26, 2024Proposal updated