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[FIP - 404] Create new wBTC/sFRAX Fraxlend Pair
By 0xc3d6...399d9dContinue Reading
Authors: Michael Henry
Summary: Propose the creation of a new Fraxlend pair on the Ethereum Mainnet: wBTC/sFRAX
Details:
- Fraxlend Pair Name 1: wBTC/sFRAX
- Chain: Ethereum Mainnet
- Max Loan-to-Value (LTV): 75%
Background and Motivation: My sfrxETH proposal laid out why I think we should offer a multitude of sFRAX lending pairs: https://gov.frax.finance/t/fip-xxx-create-new-sfrxeth-sfrax-fraxlend-pair/3263
Liquidity Profile: The Max LTV is identical to that of the wBTC pool which is one of the largest Fraxlend pools, so that shouldn’t be a concern.
Curve Details: Identical curve to sfrxETH/sFRAX Fraxlend Pair
Voting:
- For: Approve the creation of the wBTC/sFRAX Fraxlend pair on Ethereum Mainnet with the specified curve, and max LTV
- Against: Do not approve the creation of the new Fraxlend pair.
Connect Wallet to Add Note
0Votes 8
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x7240...07b5Bf | 28.603M | 100% for For, 0% for Against |
 0x1697...4d692B | 7,676 | 100% for For |
 0x8f43...6a55ab | 366 | 100% for For |
 0x50Cb...27b726 | 268 | 100% for For |
 0x61c1...E7618A | 244 | 100% for Against |
VOTE POWER
0
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Proposal Status
- Tue September 10 2024, 04:11 pmVoting Period Starts
- Sun September 15 2024, 04:11 pmEnd Voting Period
Current Results
1-For
28.611M
2-Against
243.919
Quorum 28.612M/7.178M