# \[FIP - 128\] Increase Fraxlend AMO allocation for a pair ( CRV/FRAX - Variable Rate ) **URL:** \ **Category:** AMOs\ **Created:** [November 7, 2022, 5:42pm UTC](https://gov.frax.finance/t/fip-128-increase-fraxlend-amo-allocation-for-a-pair-crv-frax-variable-rate/1921 "2022-11-07T17:42:52Z")\ **Posts on this page:** 5\ **Page:** 1
**Author:** ![nader.frax](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/nader.frax/32/1849_2.png) [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Post date:** [November 7, 2022, 5:42pm UTC](https://gov.frax.finance/t/fip-128-increase-fraxlend-amo-allocation-for-a-pair-crv-frax-variable-rate/1921/1 "2022-11-07T17:42:52Z")
### Authors Frax Core Team # Summary Increase max authorized allocation of Fraxlend AMO for the following Fraxlend pair. | Fraxlend Pair Name | Fraxlend Pair Address | Current Max Authorized Allocation | Proposing Max Authorized Allocation | | --- | --- | --- | --- | | FraxlendV1 - Curve DAO Token/Frax - Variable Time-Weighted Interest Rate - 6 | [0x3835…2510](https://etherscan.io/address//0x3835a58ca93cdb5f912519ad366826ac9a752510) | 5,000,000 FRAX | 15,000,000 FRAX | # Background and Motivation Fraxlend is a lending platform that allows anyone to create a market between a pair of ERC-20 tokens. Any token part of a Chainlink data feed can be lent to borrowers or used as collateral. Each pair is an isolated, permission-less market that allows anyone to create and participate in lending and borrowing activities. Automated Market Operations (AMOs) make FRAX one of the most potent stablecoin protocols, creating maximum flexibility and opportunity without altering the base stability mechanism that made FRAX a leader in the stablecoin space. Fraxlend CRV/FRAX-VariableRate pair is one of the protocol’s fastest-growing isolated markets, which can be monitored [here](https://facts.frax.finance/fraxlend/pairs/0x3835a58ca93cdb5f912519ad366826ac9a752510). # Proposal - For: Increase max authorized allocation of Fraxlend AMO for the mentioned pair. - Against: Do nothing. ---
**Author:** ![hameed](https://avatars.discourse-cdn.com/v4/letter/h/f17d59/32.png) [@hameed](https://gov.frax.finance/u/hameed)\ **Post date:** [November 7, 2022, 6:50pm UTC](https://gov.frax.finance/t/fip-128-increase-fraxlend-amo-allocation-for-a-pair-crv-frax-variable-rate/1921/2 "2022-11-07T18:50:12Z")
Thanks for posting this Amir. The proposal(s) look good. Unless anyone has any strong objections, you can probably combine all the Fraxlend AMO increases into a single FIP ( next time you opt for an increase) that includes all the specifics of each change (if you want to do this). This might simplify things on your end and probably scales better as the scope of Frax AMOs grow. ---
**Author:** ![nader.frax](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/nader.frax/32/1849_2.png) [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Post date:** [November 13, 2022, 12:36am UTC](https://gov.frax.finance/t/fip-128-increase-fraxlend-amo-allocation-for-a-pair-crv-frax-variable-rate/1921/3 "2022-11-13T00:36:13Z")
This proposal is up for voting here: [Snapshot](https://snapshot.org/#/frax.eth/proposal/0x277bc9862b522496c6f0a75198a86deb1a0235baad1fff7e8010bd656ba6285b) ---
**Author:** ![Oxlorentz](https://avatars.discourse-cdn.com/v4/letter/o/9f8e36/32.png) [@Oxlorentz](https://gov.frax.finance/u/Oxlorentz)\ **Post date:** [November 17, 2022, 5:51am UTC](https://gov.frax.finance/t/fip-128-increase-fraxlend-amo-allocation-for-a-pair-crv-frax-variable-rate/1921/4 "2022-11-17T05:51:42Z")
Hey Amir - Thanks for leading the charge in scaling the Fraxlend AMO’s with these proposals. I was curious why the CRV/FRAX allocation is increased to 15M Frax while WBTC, wETH, and CVX are only increased to 10M? I would assume WETH is safe enough to increase to 15M as well. Is there a specific benefit to exclusively increasing to CRV to 15M? ---
**Author:** ![nader.frax](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/nader.frax/32/1849_2.png) [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Post date:** [November 17, 2022, 6:33am UTC](https://gov.frax.finance/t/fip-128-increase-fraxlend-amo-allocation-for-a-pair-crv-frax-variable-rate/1921/5 "2022-11-17T06:33:24Z")
[CRV/FRAX](https://facts.frax.finance/fraxlend/pairs/0x3835a58ca93cdb5f912519ad366826ac9a752510) pair is almost fully utilized. So we know there is a demand for it, but [WETH](https://facts.frax.finance/fraxlend/pairs/0x794f6b13fbd7eb7ef10d1ed205c9a416910207ff) and [WBTC](https://facts.frax.finance/fraxlend/pairs/0x32467a5fc2d72d21e8dce990906547a2b012f382) pairs utilization ratio is less than 10%, so we only increase the allocation for them to meet large borrowers potential needs.