# \[FIP - 288\] Add Curve mkUSD/FRAXBP to the FXS gauge controller

**URL:** <https://gov.frax.finance/t/fip-288-add-curve-mkusd-fraxbp-to-the-fxs-gauge-controller/2606>\
**Category:** Gauges\
**Created:** [September 18, 2023, 5:20pm UTC](https://gov.frax.finance/t/fip-288-add-curve-mkusd-fraxbp-to-the-fxs-gauge-controller/2606 "2023-09-18T17:20:05Z")\
**Posts on this page:** 3\
**Page:** 1

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**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:** [September 18, 2023, 5:20pm UTC](https://gov.frax.finance/t/fip-288-add-curve-mkusd-fraxbp-to-the-fxs-gauge-controller/2606/1 "2023-09-18T17:20:05Z")

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# Summary

Proposal to add the Curve mkUSD/FRAXBP to the FXS gauge controller.

# Background And Motivation

[Prisma](https://prismafinance.com/#lsts) is a decentralized borrowing protocol that allows users to mint a stablecoin, mkUSD, that is fully collateralized by liquid staking tokens. In addition to the collateral, the loans are secured by a Stability Pool containing mkUSD and by fellow borrowers collectively acting as guarantors of last resort.

Including Prisma’s pool in the FXS gauge controller is a logical step since they utilize sfrxETH as collateral, and we have made an [initial investment](https://snapshot.org/#/frax.eth/proposal/0x792e399c30b6217f7f0157d7653a432c730cdaac573b872dbf74de55990a00cd) in their protocol.

**mkUSD/FRAXBP Curve Pool** :

Curve Pool Address: [Curve.finance](https://curve.fi/#/ethereum/pools/factory-v2-342/deposit)

Pool / Token : 0x0cfe5c777a7438c9dd8add53ed671cec7a5faee5

Gauge : 0xf184d80915ba7d835d941ba70cddf93de36517ee

# Vote

- For: Add a mkUSD/FRAXBP Curve pool to the FXS gauge controller
- Against: Do nothing

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<div class="post-metadata">

**Author:** ![Jordanbtcmoon](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/jordanbtcmoon/32/1358_2.png) [@Jordanbtcmoon](https://gov.frax.finance/u/Jordanbtcmoon)\
**Post date:** [September 19, 2023, 6:24pm UTC](https://gov.frax.finance/t/fip-288-add-curve-mkusd-fraxbp-to-the-fxs-gauge-controller/2606/2 "2023-09-19T18:24:11Z")

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`Proposal to add the Curve mkUSD/FRAXBP to the FXS gauge controller.`

+1

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<div class="post-metadata">

**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:** [September 21, 2023, 3:44pm UTC](https://gov.frax.finance/t/fip-288-add-curve-mkusd-fraxbp-to-the-fxs-gauge-controller/2606/3 "2023-09-21T15:44:58Z")

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This proposal is up for voting here: [Snapshot](https://snapshot.org/#/frax.eth/proposal/0x9cc62867f0c21f2a21683091a2ac53f6c7fe3d891e20de83f32b121fcab82359)