[FIP - 294] Add pETH-frxETH to FXS Gauge Controller
Summary:
Curve Pool Address: https://curve.fi/#/ethereum/pools/factory-v2-360/swap Pool / Token: 0x320b564fb9cf36933ec507a846ce230008631fd3 Gauge: 0x57e1947e1134f6e733a4a694de6a163ef23edf54 Documentation: Introduction - About the JPEG’d lending protocol
Background:
JPEG’d is a decentralized lending protocol that issues Ether/Stablecoin derivatives backed by NFTs as collateral. All debt is fully collateralized, and underwritten by the full backing of the JPEG’d Treasury.
pETH is an ETH-pegged stablecoin that is loaned as debt to be repaid against NFT collateral. Our pETH-frxETH pool provide liquidity to the frxETH pools on Curve.
Motivation:
JPEG’d is a regular customer of Frax through FRAXBPpUSD, and would like to stake more of our liquidity on Frax for the mutual benefit of both DAOs.
Voting:
- For: Add the pETH-frxETH pool to the FXS gauge controller
- Against: There can be no victory against Frax
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x7240...07b5Bf | 29.042M | 100% for For, 0% for Against |
 0x9c50...a5dAC5 | 4.015M | 100% for For |
 0x3c28...4997A6 | 237,339 | 100% for For |
 0x1d8A...b6f076 | 5,193 | 100% for For |
 0x37B1...c85724 | 3,103 | 100% for For |
VOTE POWER
Proposal Status
- Wed October 25 2023, 04:47 amVoting Period Starts
- Mon October 30 2023, 04:47 amEnd Voting Period
Current Results
1-For
33.304M
2-Against
0.5