Author
Frax Core Team
Summery
The proposal aims to incorporate new markets into Fraxlend on the Ethereum mainnet with the following specifications:
| Asset | Collateral | Rate Type | Chain | Max LTV | Fraxlend Pair Address |
|---|---|---|---|---|---|
| WETH | sFRAX | Variable Rate V2 | Ethereum | TBD | TBD |
| WBTC | sFRAX | Variable Rate V2 | Ethereum | TBD | TBD |
| sfrxETH | sFRAX | Variable Rate V2 | Ethereum | TBD | TBD |
Background and Motivation
The proposal seeks to introduce new markets into Fraxlend on Ethereum, offering opportunities for short positions with sFRAX as collateral and other assets as the lending or borrowing asset. As the Frax Finance protocol continues to evolve and expand, incorporating new markets will enhance its versatility and attract a wider user base.
Options
For: Deploy mentioned lending pair on Fraxlend in Ethereum mainnet
Against: Do nothing
Snapshot Voting:
[FIP - 320] Add a new markets into Fraxlend on Ethereum (sFRAX/WBTC)
[FIP - 321] Add a new markets into Fraxlend on Ethereum (sFRAX/WETH)
[FIP - 325] Add a new markets into Fraxlend on Ethereum (sFRAX/sfrxETH)