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Frax · closed proposal
[FIP-451] Add Royco SLP to sfrxUSD Strategies
Voters
6
FXS voted
36.62M
≈$10.97M
Token price
$0.30
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Quorum
36.62M / 8.25M FXS(444%)
✓ Quorum met
For36.62M (100.0%)
Against0 (0.0%)
36.62M FXS · ≈$10.97M · 6 votersblock 39872085
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
5 votes > 5% VP0x7240…b5bf
23d ago · voted For
96.7%
35.40M VP
≈$10.60M
0x0116…6152
23d ago · voted For
84.7%
1.04M VP
≈$310.1K
0x5296…4a2c
25d ago · voted For
98.6%
137.88K VP
≈$41.3K
0x6e74…c4d2
26d ago · voted For
100.0%
1.51K VP
≈$452
0x089a…2dfd
26d ago · voted For
21.5%
413 VP
≈$124
Full proposal
Original markdown · Frax
Authors
Frax Core Team
Summary
This proposal seeks to authorize the sfrxUSD strategy framework to allocate up to 1,000,000 frxUSD into the Royco SLP. The objective is to provide redemption liquidity for sr-srRoyUSDC while earning yield generated by the underlying srRoyUSDC strategy, expanding sfrxUSD's portfolio of governance-approved yield strategies and strengthening frxUSD's role within the Royco ecosystem.
Background & Motivation
As sfrxUSD continues to expand its benchmark-rate strategy, the protocol seeks to diversify across governance-approved op…
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