# \[BIP-655\] Enable Initial Fraxtal Gauges

**URL:** <https://forum.balancer.fi/t/bip-655-enable-initial-fraxtal-gauges/5859>\
**Category:** BAL Gauges\
**Created:** [July 4, 2024, 1:02am UTC](https://forum.balancer.fi/t/bip-655-enable-initial-fraxtal-gauges/5859 "2024-07-04T01:02:41Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![ZenDragon](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/zendragon/32/1542_2.png) [@ZenDragon](https://forum.balancer.fi/u/ZenDragon)\
**Post date:** [July 4, 2024, 1:02am UTC](https://forum.balancer.fi/t/bip-655-enable-initial-fraxtal-gauges/5859/1 "2024-07-04T01:02:41Z")

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> <https://github.com/BalancerMaxis/multisig-ops/pull/1133>
>
> Proposal: https://forum.balancer.fi/t/bip-xxx-enable-initial-fraxtal-gauges/5859…
> 
> Rate provider reviews: https://github.com/balancer/code-review/blob/main/rate-providers/FraxtalPriceFeedProvider.md

**Summary:**

> After Balancer’s recent [deployment](https://forum.balancer.fi/t/bip-608-deploy-balancer-on-fraxtal/5746) and [wire ups](https://forum.balancer.fi/t/bip-637-wire-up-fraxtal-gauges-and-cross-chain-boost/5823) on Fraxtal it would be in the Protocol and DAOs best interest to enable BAL emissions to flow to pools on the network. In particular Frax Finance recently committed to [deploying](https://snapshot.org/#/frax.eth/proposal/0xf13d165cd6ee7eeebe6c43dd8d1316b1994e076499080f6436e3867aca650ab0) their protocol owned liquidity into several pools on Balancer, and these in particular should received approved gauges for vote incentives to begin to have an impact on the new network.

**References/Useful links:**

> Link to:  
> • [Website](https://fraxscan.com/)  
> • [Documentation](https://docs.frax.com/fraxtal)  
> • [Github Page](https://github.com/FraxFinance/fraxtal/)  
> • [Communities](https://www.frax.com/ecosystem)

**Protocol Description:**

> The gauges in the scope of this proposal include the following. These are primarily FRAX, Ethena, and Maker’s assets of which can all be referenced from prior proposal.

Frax

> [Website](https://frax.finance/)  
> [Documentation](https://docs.frax.finance/)  
> [Github Page](https://github.com/FraxFinance/frax-solidity)  
> [Communities](https://t.me/+D7n7zz2o3IhkOTAx)

Ethena

> Website: [Ethena.fi](https://www.ethena.fi/)  
> Documentation: [Ethena documentation](https://ethena-labs.gitbook.io/ethena-labs/)  
> Twitter: [Twitter links](https://twitter.com/ethena_labs/status/1759546702187696437?s=20)  
> [Fundraising news](https://twitter.com/leptokurtic_/status/1759546368467849577?s=20)

sDAI

> Website: [https://spark.fi/](https://spark.fi/)  
> Documentation: [https://docs.spark.fi/](https://docs.spark.fi/)  
> Twitter: [https://twitter.com/sparkdotfi](https://twitter.com/sparkdotfi)

| Pool | Address | Child Gauge | Root Gauge |
| --- | --- | --- | --- |
| sFRAX / sDAI | 0xA0b92B33BeafcE388Ce0092afDcd0cA77323Eb12 | 0x34E040bC0342EbBfBC7a6306EB1B8E6579185c94 | 0x58e71Af9CE4378b79dAAf2C4E7be9765c442dFC2 |
| FRAX / USDe | 0xa0Af0B88796C1aA67e93db89FEAd2Ab7aA3D6747 | 0xf99d875Dd868277cf3780f51D69c6E1F8522a1e9 | 0x259371cA8AC5E7F3163704Ce58B0dA58820173ed |
| sFRAX / sUSDe / sDAI | 0x33251abeCb0364Df98a27A8D5d7b5CCddc774c42 | 0x275e8514b83479f526673327B279753aBC666a05 | 0xEA8Ba6b0cB5908A5d803b01CeAea5a6E65D33508 |
| sFRAX / sfrxETH | 0x1570315476480fA80ceC1FFF07A20c1df1aDfD53 | 0x71c365fB739faFdba44B1564558849216de69958 | 0x5f0a99997ab2AcC5097dc5349aDF6985761336ac |

**Motivation:**

> These pools will be core revenue generators on Fraxtal and act as a base of liquidity to allow propagation of new pools to emerge on Fraxtal. These gauges enable and help to kickstart liquidity routing, and Fraxtal ecosystem participants to choose Balancer as their liquidity destination.

**Specifications:**

1. **Governance:** FRAX governance forum can be seen [here](https://gov.frax.finance/) and snapshot [here](https://snapshot.org/#/frax.eth).
2. **Oracles:** All relevant oracles can be seen as reviewed [here](https://github.com/balancer/code-review/blob/main/rate-providers/FraxtalPriceFeedProvider.md).
3. **Audits:** See [here](https://docs.frax.finance/other/audits)
4. **Centralization vectors:** see [here](https://docs.frax.finance/frax-v3/sfrax).
5. **Market History:** See [here](https://docs.frax.finance/frax-ether/frxeth-and-sfrxeth)
6. **Value:** Balancer will earn the protocol fee on interest-bearing assets, LPs will benefit from the rewards cycle, and the core pool fly wheel can eventually take shape on Fraxtal.

#### Specifications:

The Balancer Maxi LM Multisig `0xc38c5f97B34E175FFd35407fc91a937300E33860` will interact with the GaugeAdderv4 at `0x5DbAd78818D4c8958EfF2d5b95b28385A22113Cd` and call the `addGauge` function with the following arguments:

gauge(address): `0x58e71Af9CE4378b79dAAf2C4E7be9765c442dFC2`  
gaugeType(string): `Fraxtal`

gauge(address): `0x259371cA8AC5E7F3163704Ce58B0dA58820173ed`  
gaugeType(string): `Fraxtal`

gauge(address): `0xEA8Ba6b0cB5908A5d803b01CeAea5a6E65D33508`  
gaugeType(string): `Fraxtal`

gauge(address): `0x5f0a99997ab2AcC5097dc5349aDF6985761336ac`  
gaugeType(string): `Fraxtal`

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<div class="post-metadata">

**Author:** ![lipman](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/lipman/32/3015_2.png) [@lipman](https://forum.balancer.fi/u/lipman)\
**Post date:** [July 4, 2024, 1:08am UTC](https://forum.balancer.fi/t/bip-655-enable-initial-fraxtal-gauges/5859/2 "2024-07-04T01:08:12Z")

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In support. Exciting to see the Frax \<\> Balancer relationship continue to strengthen.

[https://snapshot.org/#/frax.eth/proposal/0xf13d165cd6ee7eeebe6c43dd8d1316b1994e076499080f6436e3867aca650ab0](https://snapshot.org/#/frax.eth/proposal/0xf13d165cd6ee7eeebe6c43dd8d1316b1994e076499080f6436e3867aca650ab0)

---

<div class="post-metadata">

**Author:** ![ZenDragon](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/zendragon/32/1542_2.png) [@ZenDragon](https://forum.balancer.fi/u/ZenDragon)\
**Post date:** [July 4, 2024, 2:47pm UTC](https://forum.balancer.fi/t/bip-655-enable-initial-fraxtal-gauges/5859/3 "2024-07-04T14:47:10Z")

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[https://snapshot.org/#/balancer.eth/proposal/0x2e0aae3f46486a941a67d1b77ef87112e26bec9a5715c78f20c04e3f4d132c7e](https://snapshot.org/#/balancer.eth/proposal/0x2e0aae3f46486a941a67d1b77ef87112e26bec9a5715c78f20c04e3f4d132c7e)
