

High-Risk Beta
This platform is experimental. Smart contracts are unaudited. Use at your own risk.
Authors: Mockingbird
Summary: This proposal introduces a one-time optional early exit program for the legacy crvUSD/L-FRAX Convex FRAX vault.
Eligible lockers may exit before lock expiry by paying a fixed 4% fee on the amount exited. The 4% fee is the sole economic condition of this optional early exit path.
This proposal applies only to this specific legacy vault.
Background & Motivation: The crvUSD/L-FRAX Convex FRAX vault is a legacy route after the FRAX to frxUSD stablecoin transition.
This case is specific because:
Long-duration locks were entered more than 2 years ago, before frxUSD existed as the supported successor route.
Returns were only reasonable during the first few months, then remained very low for a long period, and have been 0% since around August 2025.
Th
Connect your wallet to join the discussion.
No comments yet. Be the first to share your take.
Claim + evidence
Interpretations post onchain directly. Prediction stakes happen separately below.
ID: proposal:frax-finance:0x9f4d3f16b23807ac9fcad8dcfb09035feed840812e44f21555db1e84b90ab491
Cast your interpretation on this proposal via MO
Voting contract not deployed on this network