← Back to Frax
Frax · closed proposal

[FIP - 450] Add Gearbox Institutional RWA Market to sfrxUSD Strategies

0xc3d6…9d9d·ended 21d ago·Discussion ↗
🐳 Whale activity
Voters
5
FXS voted
36.62M
≈$10.96M
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 · ≈$10.96M · 5 votersblock 39872025

Votes over time

x-axis = % of voting window elapsed · y-axis = cumulative VP per choice

🐳 Whale votes

4 votes > 5% VP
0x7240…b5bf
23d ago · voted For
96.7%
35.40M VP
≈$10.60M
0x0116…6152
23d ago · voted For
84.8%
1.04M VP
≈$310.1K
0x5296…4a2c
25d ago · voted For
99.7%
137.88K VP
≈$41.3K
0x089a…2dfd
26d ago · voted For
100.0%
413 VP
≈$124

Full proposal

Original markdown · Frax

Authors: Frax Core Team


Summary

This proposal adds the Gearbox Institutional RWA lending market to the sfrxUSD AMO whitelist with a cap of $5,000,000.

The market is an frxUSD-denominated lending pool collateralized entirely by regulated tokenized assets from BNY and VanEck (via Securitize) and Fasanara (via Midas). Every borrower is KYCed, all collateral is transfer-restricted at the token level besides mF-ONE, and idle liquidity sits in frxUSD earning T-Bill yield.


Background

Tokenized RWA markets are one of the fastest growing categories as institutions move onc…

📚 Similar past proposals

Finding similar proposals…