# \[FIP - 336\] Add Curve DOLA/FRAXPYUSD to the FXS gauge controller

**URL:** <https://gov.frax.finance/t/fip-336-add-curve-dola-fraxpyusd-to-the-fxs-gauge-controller/2939>\
**Category:** Gauges\
**Created:** [February 26, 2024, 12:27pm UTC](https://gov.frax.finance/t/fip-336-add-curve-dola-fraxpyusd-to-the-fxs-gauge-controller/2939 "2024-02-26T12:27:58Z")\
**Posts on this page:** 2\
**Page:** 1

<div class="post-metadata">

**Author:** ![cryptoharry](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/cryptoharry/32/1493_2.png) [@cryptoharry](https://gov.frax.finance/u/cryptoharry)\
**Post date:** [February 26, 2024, 12:27pm UTC](https://gov.frax.finance/t/fip-336-add-curve-dola-fraxpyusd-to-the-fxs-gauge-controller/2939/1 "2024-02-26T12:27:58Z")

</div>

# Add Curve DOLA/FRAXPYUSD to the FXS gauge controller

## Summary:

Add DOLA/FRAXPYUSD to the FXS gauge controller  
Curve pool address: [Curve.finance](https://curve.fi/#/ethereum/pools/factory-stable-ng-96/deposit)  
Pool: 0xef484de8C07B6e2d732A92B5F78e81B38f99f95E  
Gauge: 0x4B092818708A721cB187dFACF41f440ADb79044D  
Website: [https://www.inverse.finance/](https://www.inverse.finance/)  
Twitter: @InverseFinance

## Background:

Inverse Finance is an on-chain decentralized autonomous organization that develops and manages a suite of permissionless and decentralized financial products using blockchain smart contract technology. Originally founded by Nour Haridy in late 2020, the protocol is now governed by Inverse Finance DAO, a collective of crypto enthusiasts.

Inverse Finance’s main products are:

- FiRM, a fixed-rate lending market
- DOLA, a stablecoin pegged to the US Dollar
- sDOLA, the yield-bearing version of the DOLA stablecoin
- DBR, a new DeFi primitive that enables holders to service a DOLA loan on FiRM.

DOLA is a debt-backed USD stablecoin which is added into and removed from circulation;

- On the supply side of money markets, such as DAO-owned protocol FiRM, by Inverse Finance’s “Fed” contracts and is then made available to be borrowed through over-collateralized loans.
- Via injection/contractions into pools such as the Curve DOLA/FraxBP (currently $8.6M TVL), DOLA/USDC on Velodrome ($1.9M TVL), DOLA/USDC on Balancer ($2.4m TVL on ETH, $2.2m TVL on Arbitrum) and DOLA/USDbC on Aerodrome ($14m TVL).

## Motivation:

To provide additional liquidity paired with the new Frax metapool, Frax/Pyusd, using $INV bribes. Inverse has a long and close relationship with Frax, having supported the DOLA/FraxBP for 1.5 years, DOLA/Frax pools on Arbitrum and Optimism chains, and the soon-to-launch sFRAX collateral market on Inverse Finance’s fixed rate lending market, FiRM. Given this relationship, it is rational to further support join initiatives such as the new DOLA/FRAXPYUSD pool to further deepen on-chain liquidity for the DOLA and Frax stablecoins.

## Voting:

- For: Add the DOLA/FRAXPYUSD pool to the FXS gauge controller
- Against: Do nothing

---

<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:** [March 2, 2024, 4:26pm UTC](https://gov.frax.finance/t/fip-336-add-curve-dola-fraxpyusd-to-the-fxs-gauge-controller/2939/2 "2024-03-02T16:26:29Z")

</div>

This proposal is up for voting here: [Snapshot](https://snapshot.org/#/frax.eth/proposal/0xe59b9484806fd883c276db53ebf1f8ffcd3fba9ec7d23d7a5d32a81fe77c992e)