Author: Trantor, @ Ramses
Ramses is a highly efficient DEX on Arbitrum that has been consistently achieving outstanding volume to TVL ratios across a wide variety of pairs in our Concentrated Liquidity pools. FRAX and RAMSES have already established a partnership that sees FRAX control approximately 5M veRAM (1.35% of the total) demonstrating the significant influence that FRAX already exerts within the RAMSES ecosystem. This proposal requests the addition of Ramses FRAX/USDC CL at 0.01% fees to the FXS gauge controller.
Ramses Website → https://www.ramses.exchange/
A common trend observed in the industry is the desire for projects to assert dominance over their peer protocols, often neglecting the potential benefits of collaboration in enhancing the overall ecosystem. However, RAMSES takes a different approach by challenging this narrative and seeking partnerships across the Arbitrum ecosystem.
At RAMSES, our team believes in fostering a collaborative environment where we strive to assist and support not only our own project but also our competitors. We recognize that working together and focusing on a common goal can lead to positive outcomes for all communities involved. Our approach to the recent STIP for Arbitrum was testament to that approach and to our ability to listen to the needs and desires of the community.
As a protocol, RAMSES is already offering some of the best volume to TCL ratios in all of defi, RAMSES CL Analytics with highly efficient swaps using Concentrated Liquidity. As a ve3,3 DEX, Ramses is naturally partner focused and dedicated to long term sustainability and partner growth. The addition of this pool is likely to bring significantly more exposure to the FRAX/USDC pool and thus more fees and deposits. These fees will of course be captured by voters, including the FRAX protocol controlled veNFT of approximately 1.35% of all veRAM as in seen on defi wars.
The pool address is:
Ramses FRAX/USDC CL Pool Address: 0x6A9D961c9602fB484bA3C47c5F822b66721C9669
For: Add the FRAX/USDC CL pool to the FXS gauge controller
Against: Do nothing
Ramses is eager to see the partnership that already exists between FRAX and Ramses further develop and for more options for FRAX deposits to be available.