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Stake DAOStake DAOby0xF4fD07eB3Dbd55C12FB75D0EBf5F6A2888f418410xF4fD…1841

SDIR-7┃Add FRAXUSDC curve strategy to SDT gauge

Voting ended over 3 years agoSucceeded

Project presentation: Protocol name: FRAX Audits: https://www.certik.com/projects/fraxfinance Twitter: https://twitter.com/fraxfinance Telegram : Telegram: Contact @fraxfinance

Summary: We propose to add the FRAXUSDC curve strategy in the SDT gauge to boost the strategy's APR with SDT.

Rationale: FRAX has been a close supporter of Stake DAO for more than a year. The FXS Liquid Locker was one of the first Lockers to be deployed. FRAX has shown continued support for Stake DAO in the early days of the Liquid Lockers by providing advice and being one of the first DAO to build on top of our CRV locker.

FRAX has deployed a new curve pool built only on FRAX and USDC. This pools aims to be the biggest curve pool in term of TVL in Curve Finance. It will be beneficial for StakeDAO to boost the APR on this pool to attract a big portion of the LP tokens.

Means: Human resources: Minimal developer time needed Treasury resources: No treasury resources needed

Technical Implementation: Add FRAXUSDC strategy in the SDT gauge

Proposal specifications: Admin: veSDT holders Community feedback: 2 days minimum Voting Duration: 2 days

Off-Chain Vote

Add FRAXUSDC strategy to the SDT
259.48K veSDT99.8%
No, Reject SDT boosting
0 veSDT0%
Abstain
444.48 veSDT0.2%
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Discussion

Stake DAOSDIR-7┃Add FRAXUSDC curve strategy to SDT gauge

Timeline

Jul 03, 2022Proposal created
Jul 03, 2022Proposal vote started
Jul 05, 2022Proposal vote ended
Oct 26, 2023Proposal updated