# Liquidity Creation for FRAX/AFRAX Pair

**URL:** <https://gov.frax.finance/t/liquidity-creation-for-frax-afrax-pair/3300>\
**Category:** Liquidity Providing\
**Created:** [September 25, 2024, 11:19am UTC](https://gov.frax.finance/t/liquidity-creation-for-frax-afrax-pair/3300 "2024-09-25T11:19:53Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![alexallstake](https://avatars.discourse-cdn.com/v4/letter/a/9e8a1a/32.png) [@alexallstake](https://gov.frax.finance/u/alexallstake)\
**Post date:** [September 25, 2024, 11:19am UTC](https://gov.frax.finance/t/liquidity-creation-for-frax-afrax-pair/3300/1 "2024-09-25T11:19:53Z")

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### Introduction

Allstake is an omnichain (re)staking protocol enhancing staking rewards across blockchains by providing shared security and flexible liquidity solutions.

### Background

This proposal requests Frax to provide liquidity to Allstake to establish a Curve liquidity pool for the FRAX/AFRAX pair. Users will be able to stake FRAX and AFRAX, earning dual rewards through Frax and Allstake.

### Requested Liquidity

- 200,000 FRAX total:
  - 100,000 FRAX to mint 100,000 AFRAX via Allstake.
  - Combine 100,000 FRAX and 100,000 AFRAX to create a Curve pool.

### Liquidity Deployment

- 50% LP tokens staked in Convex - Curve (FRAX/AFRAX).
- 50% LP tokens staked in Convex - Frax (FRAX/AFRAX).

### Yield and Rewards

- Allstake Points Multiplier: 2x

### Benefits for Frax

- Increases utility: additional earning opportunity for FRAX holders
- Promotes long-term holding of FRAX.
- Strengthens Frax’s multichain presence with new staking and liquidity options as Allstake supports Frax on NEAR and Fraxtal
- No impermanent loss