Author
C2tP (Convex Finance)
Proposal
Background & Motivation
Continuing the push to incentivize FraxBP pools, this proposal will add gauges for Convex wrapped positions of the following pools.
Abstract
Add a FXS gauge for the following Convex pools:
RSR/FraxBP
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
Voting
For: Add the listed pools to FXS gauge controller as staked Convex positions
Against: Do nothing.