closedEnded 2 years ago · Snapshot (Offchain)
[FIP - 351] Add a new markets into Fraxlend on Ethereum & Fraxtal (rsETH/frxETH)
By 0xc3d6...399d9d
Continue Reading
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 | 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
Connect Wallet to Add Note
0Votes 34
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x7240...07b5Bf | 29.633M | 100% for For, 0% for Against |
 0x6a5d...62B188 | 107,635 | 100% for For |
 0xa9Bd...c7b76B | 48,082 | 100% for For |
 0xEB45...Db5d31 | 37,248 | 100% for For |
 0x7c56...d50768 | 24,176 | 100% for For |
VOTE POWER
0
Connect Wallet
Proposal Status
- Mon April 15 2024, 09:22 pmVoting Period Starts
- Sat April 20 2024, 09:22 pmEnd Voting Period
Current Results
1-For
29.896M
Quorum 29.896M/7.178M