# Governance Proposals **URL:** https://gov.frax.finance/c/governance-proposals/5.md [Latest](https://gov.frax.finance/latest.md) · [Categories](https://gov.frax.finance/categories.md) --- ## [Standard Proposal Formats for Frax Governance](https://gov.frax.finance/t/standard-proposal-formats-for-frax-governance/3783)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 0\ **Last updated:** [August 30, 2025, 1:08am UTC](https://gov.frax.finance/t/standard-proposal-formats-for-frax-governance/3783 "2025-08-30T01:08:31Z")
Summary This post introduces two standardized formats for Frax Governance proposals: TEMP-CHECK and FIP (Frax Improvement Proposal). The purpose of this structure is to streamline decision-making, improve clarity, and en… --- ## [Frax Governance Process](https://gov.frax.finance/t/frax-governance-process/745)
**Author:** [@hameed](https://gov.frax.finance/u/hameed)\ **Replies:** 0\ **Last updated:** [January 30, 2022, 4:00am UTC](https://gov.frax.finance/t/frax-governance-process/745 "2022-01-30T04:00:01Z")
Updated 4/20/22 This is the current Frax Governance Process for reference. The governance process was established by a community vote here and revised here. Proposals must meet the community’s requirements to be valid. … --- ## [Open discussion on the mechanics of the forthcoming veFRAX revenue share governance vote](https://gov.frax.finance/t/open-discussion-on-the-mechanics-of-the-forthcoming-vefrax-revenue-share-governance-vote/3852)
**Author:** [@sigmund.frax](https://gov.frax.finance/u/sigmund.frax)\ **Replies:** 4\ **Last updated:** [September 1, 2026, 6:50am UTC](https://gov.frax.finance/t/open-discussion-on-the-mechanics-of-the-forthcoming-vefrax-revenue-share-governance-vote/3852 "2026-09-01T06:50:06Z")
Author: sigmund.frax This post is intended to open a discussion about what others think about the mechanics of the forthcoming governance vote on veFRAX revenue share. Rationale FIP-441 \[FIP - 441\] $FRAX: 1 Token, 1 M… --- ## [\[FIP - 450\] Add Gearbox Institutional RWA Market to sfrxUSD Strategies](https://gov.frax.finance/t/fip-450-add-gearbox-institutional-rwa-market-to-sfrxusd-strategies/3884)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 3\ **Last updated:** [August 19, 2026, 3:30pm UTC](https://gov.frax.finance/t/fip-450-add-gearbox-institutional-rwa-market-to-sfrxusd-strategies/3884 "2026-08-19T15:30:36Z")
Authors: Frax Core Team Summary This proposal adds the Gearbox Institutional RWA lending market to the sfrxUSD AMO whitelist with a cap of $5,000,000. The market is an frxUSD-denominated lending pool collateralized e… --- ## [\[FIP-451\] Add Royco SLP to sfrxUSD Strategies](https://gov.frax.finance/t/fip-451-add-royco-slp-to-sfrxusd-strategies/3883)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 4\ **Last updated:** [August 19, 2026, 3:30pm UTC](https://gov.frax.finance/t/fip-451-add-royco-slp-to-sfrxusd-strategies/3883 "2026-08-19T15:30:27Z")
Authors Frax Core Team Summary This proposal seeks to authorize the sfrxUSD strategy framework to allocate up to 1,000,000 frxUSD into the Royco SLP. The objective is to provide redemption liquidity for sr-srRoyUSDC wh… --- ## [Compensate for the WFRAX Illamalend Market's Bad Debt](https://gov.frax.finance/t/compensate-for-the-wfrax-illamalend-markets-bad-debt/3839)
**Author:** [@Fraxtothemax](https://gov.frax.finance/u/Fraxtothemax)\ **Replies:** 4\ **Last updated:** [August 17, 2026, 4:41pm UTC](https://gov.frax.finance/t/compensate-for-the-wfrax-illamalend-markets-bad-debt/3839 "2026-08-17T16:41:05Z")
Summary: Compensate for the bad debt from the WFRAX Illamalend Market on Fraxtal. Author: Astral Protocol: Increasing liquidity provider returns through layered yield strategies, liquidity pools and yield bearing vaul… --- ## [\[TempCheck\] Seed bdUSD/frxUSD Morpho Market](https://gov.frax.finance/t/tempcheck-seed-bdusd-frxusd-morpho-market/3868)
**Author:** [@BitcoinDollar](https://gov.frax.finance/u/BitcoinDollar)\ **Replies:** 0\ **Last updated:** [July 10, 2026, 5:56pm UTC](https://gov.frax.finance/t/tempcheck-seed-bdusd-frxusd-morpho-market/3868 "2026-07-10T17:56:47Z")
Hello From Bitcoin Dollar, We are a founding team of crypto veterans including former Founding Engineer - EtherFi, Head of Research - Bullish Treasury, Head of Credit - Credora, CTO - Keyring, Qenta, Alicenet. Backed by… --- ## [\[FIP - 449\] EchoMarket Creator & Distribution Program for Frax Finance](https://gov.frax.finance/t/fip-449-echomarket-creator-distribution-program-for-frax-finance/3862)
**Author:** [@Echomarket](https://gov.frax.finance/u/Echomarket)\ **Replies:** 4\ **Last updated:** [July 5, 2026, 5:46pm UTC](https://gov.frax.finance/t/fip-449-echomarket-creator-distribution-program-for-frax-finance/3862 "2026-07-05T17:46:38Z")
Authors: EchoMarket Team Summary This proposal requests 42,000 wFRAX over a 6-month period to expand Frax Finance’s creator and distribution network through EchoMarket. Budget allocation: 30,000 wFRAX for Frax Forc… --- ## [\[FIP-448\] Wind Down the Frax Price Index (FPI) System](https://gov.frax.finance/t/fip-448-wind-down-the-frax-price-index-fpi-system/3861)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 2\ **Last updated:** [June 23, 2026, 1:37pm UTC](https://gov.frax.finance/t/fip-448-wind-down-the-frax-price-index-fpi-system/3861 "2026-06-23T13:37:42Z")
Authors Frax Core Team Summary This proposal seeks to wind down the Frax Price Index (FPI) system and retire FPI as an active product within the Frax ecosystem. While FPI was an innovative attempt to create an inflation… --- ## [\[FIP - 446\] Early withdrawal of stkcvxSTGFRAXBP and stkcvxCOILFRAXBP](https://gov.frax.finance/t/fip-446-early-withdrawal-of-stkcvxstgfraxbp-and-stkcvxcoilfraxbp/3851)
**Author:** [@Dogw00d](https://gov.frax.finance/u/Dogw00d)\ **Replies:** 2\ **Last updated:** [June 17, 2026, 10:29pm UTC](https://gov.frax.finance/t/fip-446-early-withdrawal-of-stkcvxstgfraxbp-and-stkcvxcoilfraxbp/3851 "2026-06-17T22:29:51Z")
Author: Dogw00d This FIP is to pass an early withdrawal of the Convex pools stkcvxSTGFRAXBP and stkcvxCOILFRAXBP. Since December 2025 the rewards per period have been near zero with pools no longer serving the long term… --- ## [\[FIP-447\] Increase Aave v4 Allocation Cap for sfrxUSD Strategy from 20M to 50M](https://gov.frax.finance/t/fip-447-increase-aave-v4-allocation-cap-for-sfrxusd-strategy-from-20m-to-50m/3850)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 2\ **Last updated:** [June 15, 2026, 4:47pm UTC](https://gov.frax.finance/t/fip-447-increase-aave-v4-allocation-cap-for-sfrxusd-strategy-from-20m-to-50m/3850 "2026-06-15T16:47:44Z")
Authors Frax Core Team Summary This proposal seeks to increase the maximum allocation of frxUSD from the sfrxUSD strategy framework into Aave v4 from $20 million to $50 million. The primary objective is to support the l… --- ## [\[TempCheck\] Early withdrawal of stkcvxSTGFRAXBP and stkcvxCOILFRAXBP](https://gov.frax.finance/t/tempcheck-early-withdrawal-of-stkcvxstgfraxbp-and-stkcvxcoilfraxbp/3848)
**Author:** [@Dogw00d](https://gov.frax.finance/u/Dogw00d)\ **Replies:** 4\ **Last updated:** [June 7, 2026, 6:09pm UTC](https://gov.frax.finance/t/tempcheck-early-withdrawal-of-stkcvxstgfraxbp-and-stkcvxcoilfraxbp/3848 "2026-06-07T18:09:03Z")
Author: Dogw00d This post is to see what others think about an early withdrawal of the Convex pools stkcvxSTGFRAXBP and stkcvxCOILFRAXBP. Since December 2025 the rewards per period have been near zero with pools no long… --- ## [\[FIP - 445\] Discontinue OFT token support on deprecated and inactive chains](https://gov.frax.finance/t/fip-445-discontinue-oft-token-support-on-deprecated-and-inactive-chains/3847)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 1\ **Last updated:** [May 26, 2026, 6:49pm UTC](https://gov.frax.finance/t/fip-445-discontinue-oft-token-support-on-deprecated-and-inactive-chains/3847 "2026-05-26T18:49:47Z")
Authors Frax Core Team Summary This proposal discontinues Native OFT Token issuance for specific chains that are either officially deprecated by their core teams or have exhibited prolonged inactivity and minimal user a… --- ## [\[FIP - 444\] Add sGHO and USCC to sfrxUSD Strategies](https://gov.frax.finance/t/fip-444-add-sgho-and-uscc-to-sfrxusd-strategies/3846)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 7\ **Last updated:** [April 22, 2026, 5:53pm UTC](https://gov.frax.finance/t/fip-444-add-sgho-and-uscc-to-sfrxusd-strategies/3846 "2026-04-22T17:53:01Z")
Authors Frax Core Team Summary This proposal seeks to expand sfrxUSD strategies by adding exposure to sGHO (with a $10M cap) and USCC (with a $20M cap). The objective is to enhance yield generation while maintaining di… --- ## [\[FIP - 443\] sfrxUSD New Strategies: Aave v4 & Morpho Vault Integrations](https://gov.frax.finance/t/fip-443-sfrxusd-new-strategies-aave-v4-morpho-vault-integrations/3845)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 1\ **Last updated:** [March 29, 2026, 6:12am UTC](https://gov.frax.finance/t/fip-443-sfrxusd-new-strategies-aave-v4-morpho-vault-integrations/3845 "2026-03-29T06:12:29Z")
Authors Frax Core Team Summary This proposal builds on FIP-434 by adding new lending and vault-based AMO strategies for sfrxUSD. The objective is to expand frxUSD deployment across major lending infrastructure and cura… --- ## [\[FIP-442\] Optional Early Exit for the Legacy crvUSD/L-FRAX Convex FRAX Vault (4% Fee)](https://gov.frax.finance/t/fip-442-optional-early-exit-for-the-legacy-crvusd-l-frax-convex-frax-vault-4-fee/3837)
**Author:** [@Mockingbird](https://gov.frax.finance/u/Mockingbird)\ **Replies:** 13\ **Last updated:** [March 23, 2026, 10:37pm UTC](https://gov.frax.finance/t/fip-442-optional-early-exit-for-the-legacy-crvusd-l-frax-convex-frax-vault-4-fee/3837 "2026-03-23T22:37:58Z")
Authors: Mockingbird Summary: This proposal introduces a one-time optional early exit program for the legacy crvUSD/L-FRAX Convex FRAX vault. Eligible lockers may exit before lock expiry by paying a fixed 4% fee on t… --- ## [Penalty free unlock for the FRAX/crvUSD Convex FRAX vault](https://gov.frax.finance/t/penalty-free-unlock-for-the-frax-crvusd-convex-frax-vault/3812)
**Author:** [@Mockingbird](https://gov.frax.finance/u/Mockingbird)\ **Replies:** 13\ **Last updated:** [February 21, 2026, 9:18pm UTC](https://gov.frax.finance/t/penalty-free-unlock-for-the-frax-crvusd-convex-frax-vault/3812 "2026-02-21T21:18:58Z")
Authors: Mockingbird Summary This proposal introduces a one time, penalty free unlock for the Convex FRAX vault that stakes the FRAX/crvUSD Curve liquidity pool token. This vault offers a 3 year lock option but curre… --- ## [Exploring the Evaluation of a Proactive Smart Contract Security Layer to Complement Frax Protocol Audits, Monitoring, and Testing Practices](https://gov.frax.finance/t/exploring-the-evaluation-of-a-proactive-smart-contract-security-layer-to-complement-frax-protocol-audits-monitoring-and-testing-practices/3835)
**Author:** [@Olympix](https://gov.frax.finance/u/Olympix)\ **Replies:** 0\ **Last updated:** [February 13, 2026, 1:49am UTC](https://gov.frax.finance/t/exploring-the-evaluation-of-a-proactive-smart-contract-security-layer-to-complement-frax-protocol-audits-monitoring-and-testing-practices/3835 "2026-02-13T01:49:42Z")
TL;DR This proposal explores evaluating a proactive smart contract security layer to complement Frax Protocol’s existing audits, monitoring, and testing practices by applying continuous static analysis, unit test generat… --- ## [\[FIP - 441\] $FRAX: 1 Token, 1 Mission, 1 Vision](https://gov.frax.finance/t/fip-441-frax-1-token-1-mission-1-vision/3826)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 5\ **Last updated:** [February 1, 2026, 5:08pm UTC](https://gov.frax.finance/t/fip-441-frax-1-token-1-mission-1-vision/3826 "2026-02-01T17:08:37Z")
Authors Frax Core Team Summary $FRAX: 1 Token, 1 Mission, 1 Vision is a unifying governance proposal that completes Frax’s transition into a single-token, Frax-centric system with clear ownership, disciplined monetary p… --- ## [\[Proposal\] "Discount Window" AMO: Solvency-Based Yield (No Delta Risk)](https://gov.frax.finance/t/proposal-discount-window-amo-solvency-based-yield-no-delta-risk/3828)
**Author:** [@StableStrategy](https://gov.frax.finance/u/StableStrategy)\ **Replies:** 0\ **Last updated:** [January 27, 2026, 5:03pm UTC](https://gov.frax.finance/t/proposal-discount-window-amo-solvency-based-yield-no-delta-risk/3828 "2026-01-27T17:03:18Z")
​Summary I am proposing a new AMO (Sovereign Market Operations) controller called the “Discount Window.” ​This mechanism allows Frax to offer competitive, high-yield opportunities comparable to Ethena (USDe) but withou… --- ## [\[TEMP-CHECK\] White Label Stablecoin Service](https://gov.frax.finance/t/temp-check-white-label-stablecoin-service/3820)
**Author:** [@Fraxtothemax](https://gov.frax.finance/u/Fraxtothemax)\ **Replies:** 1\ **Last updated:** [January 14, 2026, 3:29pm UTC](https://gov.frax.finance/t/temp-check-white-label-stablecoin-service/3820 "2026-01-14T15:29:02Z")
Authors: @astralprotocol on Telegram Summary: This is a temperature check regarding the possibility of FRAX protocol deploying a white label service for frxUSD/sfrxUSD. Background & Motivation: Coinbase recently lau… --- ## [Increase revenue allocation for veFrax](https://gov.frax.finance/t/increase-revenue-allocation-for-vefrax/3799)
**Author:** [@messi](https://gov.frax.finance/u/messi)\ **Replies:** 3\ **Last updated:** [December 14, 2025, 5:36pm UTC](https://gov.frax.finance/t/increase-revenue-allocation-for-vefrax/3799 "2025-12-14T17:36:00Z")
Summary Current: 10% of protocol revenue allocated to veFrax ( \[FIP - 428\] Frax North Star Proposal - V2 - #17 by nader.frax ,), resulting in approximately 4.5% APR for max-lock holders. Proposal: Increase revenue a… --- ## [\[FIP - 440\] FXTL Points Resolution](https://gov.frax.finance/t/fip-440-fxtl-points-resolution/3801)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 9\ **Last updated:** [November 23, 2025, 2:59pm UTC](https://gov.frax.finance/t/fip-440-fxtl-points-resolution/3801 "2025-11-23T14:59:50Z")
Authors Frax Core Team Summary This proposal serves as an official update to the Frax North Star Proposal V2.1 (FIP - 428) and establishes a formal governance resolution to postpone FXTL point conversions until key ecos… --- ## [\[FIP - 439\] sfrxUSD new strategies](https://gov.frax.finance/t/fip-439-sfrxusd-new-strategies/3798)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 1\ **Last updated:** [November 14, 2025, 1:13pm UTC](https://gov.frax.finance/t/fip-439-sfrxusd-new-strategies/3798 "2025-11-14T13:13:25Z")
Authors Frax Core Team Summary This proposal amends FIP-434 by adding several new sfrxUSD yield strategies to the approved AMO whitelist. These additions expand sfrxUSD’s on-chain yield opportunities through new holdin… --- ## [\[FIP - 428\] Frax North Star Proposal - V2](https://gov.frax.finance/t/fip-428-frax-north-star-proposal-v2/3652)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 33\ **Last updated:** [November 13, 2025, 9:01pm UTC](https://gov.frax.finance/t/fip-428-frax-north-star-proposal-v2/3652 "2025-11-13T21:01:07Z")
Please check the most update version here in comments. Authors Frax Core Team Summary This proposal seeks to implement the upgrading of FXS, the Frax North Star Hardfork, the Tail Emission Plan, and the Flox Capacitor … --- ## [\[FIP - 438\] Discontinue OFT Token Support on Deprecated and Inactive Chains](https://gov.frax.finance/t/fip-438-discontinue-oft-token-support-on-deprecated-and-inactive-chains/3797)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 1\ **Last updated:** [November 11, 2025, 8:53pm UTC](https://gov.frax.finance/t/fip-438-discontinue-oft-token-support-on-deprecated-and-inactive-chains/3797 "2025-11-11T20:53:35Z")
Authors Frax Core Team Summary This proposal discontinues Native OFT Token issuance for specific chains that are either officially deprecated by their core teams or have exhibited prolonged inactivity and minimal user a… --- ## [\[FIP - 437\] Add Predeposit Vault AMO to sfrxUSD strategies on Ethereum & Fraxtal](https://gov.frax.finance/t/fip-437-add-predeposit-vault-amo-to-sfrxusd-strategies-on-ethereum-fraxtal/3794)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 3\ **Last updated:** [October 20, 2025, 9:20pm UTC](https://gov.frax.finance/t/fip-437-add-predeposit-vault-amo-to-sfrxusd-strategies-on-ethereum-fraxtal/3794 "2025-10-20T21:20:20Z")
Authors Frax core team Summary This proposal amends FIP-434 by adding a new Predeposit Vault AMO to the sfrxUSD strategy framework. The Predeposit Vault AMO authorizes the sfrxUSD system to deploy approved underlying … --- ## [\[FIP - 436\] EchoMarket Growth Grant Proposal](https://gov.frax.finance/t/fip-436-echomarket-growth-grant-proposal/3793)
**Author:** [@Echomarket](https://gov.frax.finance/u/Echomarket)\ **Replies:** 1\ **Last updated:** [October 14, 2025, 6:14pm UTC](https://gov.frax.finance/t/fip-436-echomarket-growth-grant-proposal/3793 "2025-10-14T18:14:58Z")
Authors: EchoMarket Team Summary This proposal requests a total allocation of 30,000 frxUSD and 36,000 FRAX from the Fraxtal Ecosystem Fund, divided into: 30,000 frxUSD Grant — to support continued development of Ec… --- ## [\[FIP - 434\] sfrxUSD AMO Deployments & Future Strategies](https://gov.frax.finance/t/fip-434-sfrxusd-amo-deployments-future-strategies/3786)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 6\ **Last updated:** [September 26, 2025, 4:34am UTC](https://gov.frax.finance/t/fip-434-sfrxusd-amo-deployments-future-strategies/3786 "2025-09-26T04:34:14Z")
Authors Frax Core Team Summary This proposal builds on FIP-430, which established a separate balance sheet and governance-guided yield strategy for sfrxUSD, by whitelisting an initial set of AMO strategies with allocati… --- ## [\[FIP - 435\] Allow the use of Stake DAO OnlyBoost for sfrxUSD Curve AMOs](https://gov.frax.finance/t/fip-435-allow-the-use-of-stake-dao-onlyboost-for-sfrxusd-curve-amos/3791)
**Author:** [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Replies:** 1\ **Last updated:** [September 25, 2025, 5:57pm UTC](https://gov.frax.finance/t/fip-435-allow-the-use-of-stake-dao-onlyboost-for-sfrxusd-curve-amos/3791 "2025-09-25T17:57:05Z")
Authors Stake DAO contributors and Frax core team Summary This proposal amends FIP-434 to allow sfrxUSD Curve AMOs to optionally route through Stake DAO’s OnlyBoost system when it provides higher effective yield. OnlyBo… [Next page](https://gov.frax.finance/c/governance-proposals/5.md?page=1)