be ARB incentives on the CONVEX FRAXBP pool on Arbitrum? At the moment APR is +120%.
I think it will be good for some time. And probably even after the STIP grant period is over too. Our next goal is to support FXBs on Arbitrum when they launch soon. We want Arbitrum to be one of our direct homes for fixed yield liquidity that FXBs bring to the table. We’ll still continue to support the FRAXBP pool as well too.
Great thanks. I have been waiting for Frax on L2s for quite some time. (I never afforded the mainnet gas fees.)
What does the BP stand for in FRAXBP?
Well it’s definitely here, welcome 🤝 Frax and Frax-assets will only get more liquid and better over time on L2s, especially Fraxchain of course.
“Base pool” meaning that it’s a Curve pool that can be paired with other assets.
Yes, very much looking forward for Frax chain.
Why arb and not OP? Serious question
Because Arbitrum gave us a $1.5m+ grant to incentivize and build liquidity on their network.
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