[FIP - 386] Add FXS/frxETH LP Pool on Ra to FXS Gauge Controller on Fraxtal

Governance Proposals Gauges
1

Author: @westwood

Summary:

This proposal aims to add the FXS/frxETH liquidity pool on Ra to the FXS gauge controller on Fraxtal. The goal is to enhance the monetary premium of both FXS and frxETH by incentivizing liquidity provision on Fraxtal and strengthening our partnership with Ra.

Background and Motivation:

  • Enhance Liquidity: Increase liquidity for the FXS/frxETH pair on Fraxtal.

  • Yield Opportunities: Provide additional yield opportunities for FXS and frxETH holders.

  • Monetary Premium: Strengthen the monetary premium of FXS and frxETH.

  • Incentivize Liquidity: Encourage more liquidity on Fraxtal.

  • Strengthen Partnership: Continue to build positive sum relationships with ecosystem partners.

Proposal:

Add the FXS/frxETH LP pool on Ra to the FXS gauge controller on Fraxtal.

Address:

0x4f66cbd698f1fe6e2692d1de5d758027a5272787

Voting:

For: Approve the addition of the FXS/frxETH LP pool on Ra to the FXS gauge controller on Fraxtal.

Against: Do nothing.

3 Likes
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I just want to note that I’m not sure how these types of pools integrate with the gauge system because they have their own type of gauge system already correct? Would it just be a wrapper of a wrapper?

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3

This proposal is up for voting here: Snapshot

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4

While I’m in favor of the idea…I personally think we should hold off on gauge votes for fraxtal until things are properly ready. For example boosting fxs and fxtl. And maybe a rage quite standard finalized for future pools?

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5

Fair enough. I didn’t think of that.

2 Likes