[FIP - 228] Add FRAX/USDP Curve pool to FXS gauge controller

Proposal to add FRAX/USDP to FXS gauge controller

Curve Pool Address: https://curve.fi/#/ethereum/pools/fraxusdp/deposit

Pool : 0xaE34574AC03A15cd58A92DC79De7B1A0800F1CE3
Token : 0xfc2838a17d8e8b1d5456e0a351b0708a09211147


The evolution towards FRAX v3 signifies a pivotal phase in our journey, marking a new era of autonomy and decentralization for the Frax protocol. As we transition away from dependency on one fiat currency, our commitment to creating a more resilient, secure, and innovative FRAX is unwavering.

Central to this transformation is the inclusion of the FRAX/USDP liquidity pool. USDP, a regulated digital dollar backed one-to-one by US dollars, offers stability and trust, making it an ideal partner for this venture. Implementing a gauge for this pool aligns with our strategic objectives to stimulate liquidity, encourage participation, and enhance trading conditions, all while increasing our treasury bill revenue.


  • For: Add the FRAX-USDP to FXS gauge controller
  • Against: Do nothing

This proposal is up for voting here: Snapshot