# \[FIP - 96\] FRAX-SDL Fraxswap Gauge

**URL:** <https://gov.frax.finance/t/fip-96-frax-sdl-fraxswap-gauge/1700>\
**Category:** Gauges\
**Created:** [July 9, 2022, 8:56pm UTC](https://gov.frax.finance/t/fip-96-frax-sdl-fraxswap-gauge/1700 "2022-07-09T20:56:51Z")\
**Posts on this page:** 9\
**Page:** 1

<div class="post-metadata">

**Author:** ![samkazemian](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/samkazemian/32/45_2.png) [@samkazemian](https://gov.frax.finance/u/samkazemian)\
**Post date:** [July 9, 2022, 8:56pm UTC](https://gov.frax.finance/t/fip-96-frax-sdl-fraxswap-gauge/1700/1 "2022-07-09T20:56:52Z")

</div>

**Author**  
Sam Kazemian

**Summary**  
Deploy a FRAX-SDL Fraxswap gauge to the gauge controller.

**Background and Motivation**  
Saddle.finance is a solidity implementation stableswap DEX similar to Curve. Saddle has launched many of their base pools with FRAX included as the stablecoin. They have also launched a Saddle version of FRAXBP on their Ethereum pools with plans to expand this offering. FRAX has also deployed a significant amount of POL to these pools to earn SDL and become the base routing liquidity+lock veSDL.

Currently Saddle has only an ETH-SDL Sushiswap pool for their governance token. It would be a great idea to deploy a FRAX-SDL Fraxswap pool+gauge for Saddle to capture a majority of the SDL trading and allow Saddle to create pitch/bribe incentives for gauge voters.

**PROPOSAL**

**For:** Deploy a FRAX-SDL Fraxswap gauge to the gauge controller.

**Against:** Do nothing

---

<div class="post-metadata">

**Author:** ![Mark11](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/mark11/32/21_2.png) [@Mark11](https://gov.frax.finance/u/Mark11)\
**Post date:** [July 10, 2022, 8:41am UTC](https://gov.frax.finance/t/fip-96-frax-sdl-fraxswap-gauge/1700/2 "2022-07-10T08:41:23Z")

</div>

More bribers the merrier

---

<div class="post-metadata">

**Author:** ![0xWeston](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/0xweston/32/913_2.png) [@0xWeston](https://gov.frax.finance/u/0xWeston)\
**Post date:** [July 11, 2022, 4:48pm UTC](https://gov.frax.finance/t/fip-96-frax-sdl-fraxswap-gauge/1700/3 "2022-07-11T16:48:33Z")

</div>

Love to see it! Gigabrains in action…! Let’s go $FRAX $FXS $SDL!

---

<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:** [July 14, 2022, 5:00pm UTC](https://gov.frax.finance/t/fip-96-frax-sdl-fraxswap-gauge/1700/4 "2022-07-14T17:00:35Z")

</div>

This proposal is up for voting here: [Snapshot](https://snapshot.org/#/frax.eth/proposal/0x83ba7cc4a38814bac173ba058858b5bb4b7946033f2de7c9b4a678003cd65730)

---

<div class="post-metadata">

**Author:** ![0xWeston](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/0xweston/32/913_2.png) [@0xWeston](https://gov.frax.finance/u/0xWeston)\
**Post date:** [July 19, 2022, 6:28pm UTC](https://gov.frax.finance/t/fip-96-frax-sdl-fraxswap-gauge/1700/5 "2022-07-19T18:28:49Z")

</div>

Greetings Frax!

Just wondering if you know/could share an update on this one?

I see that 95% of all voting addresses were “For” and also the results pretty strongly “For”…but I am wondering / looking to confirm quorum was reached as well…? It is a bit confusing on Snapshot as it only shows one number… but here is what I see in the GraphQL Query:

 ![image](https://canada1.discourse-cdn.com/flex031/uploads/frax1/original/1X/134e28b2bd6272e886863777d09789b2fb68c82e.jpeg)

Cheers!

Weston

---

<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:** [July 19, 2022, 9:27pm UTC](https://gov.frax.finance/t/fip-96-frax-sdl-fraxswap-gauge/1700/6 "2022-07-19T21:27:14Z")

</div>

Hey 0xWeston  
the actual number for quorum is 7,178,378 , and the total vote is (7,138,976 + 2,301) 7,141,277 so this proposal did not pass the quorum.

---

<div class="post-metadata">

**Author:** ![0xWeston](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/0xweston/32/913_2.png) [@0xWeston](https://gov.frax.finance/u/0xWeston)\
**Post date:** [July 19, 2022, 10:47pm UTC](https://gov.frax.finance/t/fip-96-frax-sdl-fraxswap-gauge/1700/7 "2022-07-19T22:47:31Z")

</div>

Got it. Thank you for the clarification! 🙏

---

<div class="post-metadata">

**Author:** ![samkazemian](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/samkazemian/32/45_2.png) [@samkazemian](https://gov.frax.finance/u/samkazemian)\
**Post date:** [July 26, 2022, 11:55pm UTC](https://gov.frax.finance/t/fip-96-frax-sdl-fraxswap-gauge/1700/8 "2022-07-26T23:55:35Z")

</div>

The Saddle team has requested we put this proposal to another snapshot vote seeing as how quorum was missed by only a few FXS votes in total with 99%+ yes votes.

In line with this, I think the community should also propose a general rule update to our normal governance process that allows revotes of FIPs 1 time on request of either the FIP author or project team. This allows for revotes of FIPs that have not hit quorum 1 time but prevents revote spam requests that never have a chance of hitting quorum.

For this specific FIP-96, both FRAX and Saddle team propose a revote of this FIP once more to attempt to reach quorum. If quorum is not reached, this FIP should permanently fail.

---

<div class="post-metadata">

**Author:** ![sparkes25](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/sparkes25/32/392_2.png) [@sparkes25](https://gov.frax.finance/u/sparkes25)\
**Post date:** [July 29, 2022, 10:01pm UTC](https://gov.frax.finance/t/fip-96-frax-sdl-fraxswap-gauge/1700/9 "2022-07-29T22:01:39Z")

</div>

seems like the saddle team could have pushed this over the line with a bribe or buying up some voting power.
