[FIP - 108] New FraxBP metapool gauges (pusd, mai)


C2tP (Convex Finance)


Background & Motivation

Continuing the push to incentivize FraxBP pools, this proposal will add gauges for Convex wrapped positions of the following pools. (Similar to FIP 97 - Initial FRAXBP Metapool Gauges)


Add a FXS gauge for the following Convex pools:


The staking token is a wrapped Convex staking position represented by an erc-20 that receives CRV and CVX rewards. This token can then be staked on a Frax Finance gauge to then also receive FXS rewards.

The wrapped staking position itself is an unmanaged trustless position and can be found on the Convex github at platform/ConvexStakingWrapperFrax.sol at main · convex-eth/platform · GitHub


For: Add the listed pools to FXS gauge controller as staked Convex positions

Against: Do nothing.

This proposal is up for voting here: Snapshot