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Zunami ProtocolZunami Protocolby0xF9605D8c4c987d7Cb32D0d11FbCb8EeeB1B22D5dsterx.eth

Zunami DAO Vote Id:10 - Add FRAX as one of the main stablecoins for deposit and withdrawal in the Zunami Protocol.

Voting ended almost 3 years agoSucceeded

FRAX Finance has been a reliable protocol for over two years, with a growing ecosystem and increasing capitalization. Recent developments, such as the abandonment of partial algorithmic backing, have further instilled confidence in its safety. The Zunami team believes that adding FRAX as an additional stablecoin for deposit can bring numerous benefits with minimal risk.

Actions:
- Deploy zunamiFraxConverter.sol
- Users will then be able to deposit FRAX, which will be converted to USDC by the converter and deposited in zunami.SOL. 
- In case of withdrawal, the converter will take ZLP and redeem it for USDC from Zunami, which will then be swapped to FRAX.


Off-Chain Vote

yes
704.88K ZLP100%
no
0 ZLP0%
Download mobile app to vote

Timeline

Mar 21, 2023Proposal created
Mar 21, 2023Proposal vote started
Mar 24, 2023Proposal vote ended
Feb 15, 2025Proposal updated