# \[FIP - 350, 351\] Add a new markets into Fraxlend on Ethereum & Fraxtal (ezETH/frxETH, rsETH/frxETH)

**URL:** https://gov.frax.finance/t/fip-350-351-add-a-new-markets-into-fraxlend-on-ethereum-fraxtal-ezeth-frxeth-rseth-frxeth/3017
**Category:** Fraxlend
**Created:** [April 8, 2024, 6:12pm UTC](https://gov.frax.finance/t/fip-350-351-add-a-new-markets-into-fraxlend-on-ethereum-fraxtal-ezeth-frxeth-rseth-frxeth/3017 "2024-04-08T18:12:45Z")
**Posts on this page:** 2
**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: [April 8, 2024, 6:12pm UTC](https://gov.frax.finance/t/fip-350-351-add-a-new-markets-into-fraxlend-on-ethereum-fraxtal-ezeth-frxeth-rseth-frxeth/3017/1 "2024-04-08T18:12:45Z")

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### Author

Frax Core Team

## Summery

The proposal aims to incorporate new markets into Fraxlend on the Ethereum mainnet and Fraxtal mainnet with the following specifications:

| Asset | Collateral | Rate Type | Chain | Max LTV | Fraxlend Pair Address |
| --- | --- | --- | --- | --- | --- |
| frxETH | ezETH | Variable Rate V2 | Ethereum & Fraxtal | TBD | TBD |
| frxETH | rsETH | Variable Rate V2 | Ethereum & Fraxtal | TBD | TBD |

## Background and Motivation

The proposal seeks to introduce new markets into Fraxlend on Ethereum and Fraxtal, offering opportunities for borrowing/lending frxETH and using LRTs as collateral, 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 and Fraxtal mainnet  
Against: Do nothing

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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: [April 15, 2024, 9:24pm UTC](https://gov.frax.finance/t/fip-350-351-add-a-new-markets-into-fraxlend-on-ethereum-fraxtal-ezeth-frxeth-rseth-frxeth/3017/2 "2024-04-15T21:24:26Z")

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Voting for these proposals are up on snapshot:  
[[FIP - 350] Add a new markets into Fraxlend on Ethereum & Fraxtal (ezETH/frxETH)](https://snapshot.org/#/frax.eth/proposal/0xf45f9ca9b2c0bdc3f3aff43685963561741df76cfa7930ef858bc09ad11bb6f3)  
[[FIP - 351] Add a new markets into Fraxlend on Ethereum & Fraxtal (rsETH/frxETH)](https://snapshot.org/#/frax.eth/proposal/0xc39d662e0df69eb0d98adb48f10e27dc2bf09e249fd100bf28d4f2d13c58ea2c)
