[HIP-42] - Add Fraxtal sfrxETH and wfrxETH Gauges
ID 22
ID 22
Proposed on: Mar 21st, 2025
Proposed on: Mar 21st, 2025
Votes
Actions
Function 1:
0x5d6b2a9d000000000000000000000000ef10be61038d7c4221e99c1df4bd31cc73ed4390000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000000000000000000200000000000000000000000000000000000000000000000000000000000000001Value:0Function 2:
0x5d6b2a9d000000000000000000000000c1e5c5da447d64f325337baaf3ce1fc8ffead366000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000000000000000000200000000000000000000000000000000000000000000000000000000000000001Value:0Proposal
Proposal
Introduction
This proposal introduces the first set of gauges for the Fraxtal L2 chain. The new gauges include:
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wfrxETH (Fraxtal) / wfrxETH (Arbitrum) 0.01% ( Min Width: 1)
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sfrxETH (Fraxtal) / sfrxETH (Arbitrum) 0.01% ( Min Width: 1)
By deploying these gauges, we aim to integrate the Fraxtal L2 chain with our existing liquidity pools on Arbitrum. This initiative will enable efficient asset flows between Fraxtal and every Ulysses-connected chain, strengthening our overall omnichain liquidity framework.
Strategic Alignment
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Enhancing Cross-Chain Integration: Connecting Fraxtal L2 with Arbitrum ensures that liquidity flows smoothly between the two ecosystems.
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Future Scalability: Establishing these foundational gauges paves the way for future expansions and gauge additions, ensuring that our protocol remains agile and ready for evolving market demands.
Gauge Performance Analysis
This gauge will be our system's initial liquidity avenue to and from Fraxtal Chain.
Market Impact Analysis
In summary, the addition of the sfrxETH and wfrxETH gauges represents a crucial step forward in expanding our omnichain liquidity network. This proposal not only enhances current liquidity dynamics but also brings us closer to a new ecosystem.