Quorum: 10% veCLEV

Summary

Implement Curve VST/FRAX Gauge ragequit function with a 20% fee.

Background and Motivation

In recent weeks, our community has actively engaged in discussions and voting regarding implementing a ragequit function for the VST/FRAX pool's FXS Gauge on Arbitrum. Two previous proposals, featuring a 0% fee and a 7% fee respectively, were put forward but did not align with the community's expectations and precedents set in similar scenarios. Recognizing this, several community members have approached the Frax core team, advocating for a new proposal that aligns with the routine fee structure observed in comparable cases. This has led to the suggestion of implementing a 20% ragequit fee, a rate that mirrors the standard fee applied in analogous situations within our ecosystem (e.g. Saddle L2D4 Gauge).

Pool Details

Pool / LP Token : ARB: 0x59bf0545fca0e5ad48e13da269facd2e8c886ba4 FXS Gauge : ARB: 0x127963A74c07f72D862F2Bdc225226c3251BD117

Vote

• For: Implement Curve VST/FRAX Gauge ragequit function with a 20% fee. • Against: Do Nothing