# \[FIP - 320,321,325\] Add a new markets into Fraxlend on Ethereum (sFRAX/WETH, sFRAX/WBTC)

**URL:** https://gov.frax.finance/t/fip-320-321-325-add-a-new-markets-into-fraxlend-on-ethereum-sfrax-weth-sfrax-wbtc/2861
**Category:** Fraxlend
**Created:** [January 13, 2024, 3:17am UTC](https://gov.frax.finance/t/fip-320-321-325-add-a-new-markets-into-fraxlend-on-ethereum-sfrax-weth-sfrax-wbtc/2861 "2024-01-13T03:17:27Z")
**Posts on this page:** 1
**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: [January 13, 2024, 3:17am UTC](https://gov.frax.finance/t/fip-320-321-325-add-a-new-markets-into-fraxlend-on-ethereum-sfrax-weth-sfrax-wbtc/2861/1 "2024-01-13T03:17:27Z")

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### 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)](https://snapshot.org/#/frax.eth/proposal/0x8489cfbfbcfae1dcebe8aa5b57ff89c2da35264283d7eb5caeb8a16a4fdf3b38)  
[[FIP - 321] Add a new markets into Fraxlend on Ethereum (sFRAX/WETH)](https://snapshot.org/#/frax.eth/proposal/0x6b255b11e7baeb0a9da2e188ac88ec6217b73c4f4cfd9f160deed13f5a616ab5)  
[[FIP - 325] Add a new markets into Fraxlend on Ethereum (sFRAX/sfrxETH)](https://snapshot.org/#/frax.eth/proposal/0x3dae5c906c8b22e45a2836669c54e45259bafc2230dad61ac4a0f609750f2a7b)