Odaily Planet Daily News The governance platform shows that Aave initiated a temperature check vote to add FXS to the Ethereum V3 liquidity pool. FXS is the governance token and utility token of Frax Finance.
The proposal states that Aave can promote the diversification of GHO collateral by adding FXS. In addition, FXS obtained from the Aave V3 pool can be used as a new strategic asset for GHO or new aToken. The addition of FXS will make it an important lending and staking asset in the Aave ecosystem, similar to tokens such as BAL, SNX and CRV.
The current proposal has a support rate of 99.99%, but the quorum of voters has not yet been reached. Voting will end on October 10.