Frax Finance· closed

[FIP-448] Wind Down the Frax Price Index (FPI) System

Proposed by0xc3d6...9d9d

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26,587,773.861For (100%)

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0Against (0%)

Quorum: 8,252,476Quorum reached

Authors

Frax Core Team

Summary

This proposal seeks to wind down the Frax Price Index (FPI) system and retire FPI as an active product within the Frax ecosystem. While FPI was an innovative attempt to create an inflation-indexed unit of account, changing market conditions, the emergence of higher-yield alternatives, and declining adoption have significantly reduced its utility. This proposal would allow Frax Finance to simplify the protocol and focus resources on products with stronger demand and strategic importance.

Background & Motivation

The Frax Price Index (FPI) was originally designed as an inflation-indexed unit of account that would track changes in consumer purchasing power through a CPI-based oracle system. At the time of launch, inflation was a major m

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ID: proposal:frax-finance:0xfda865b089b84e4ddb70e49fe3023e9ba05a3d5c875f57d6e1a3ebe680dcea3d

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Details

ID: 0xfda865b089b84e4ddb70e49fe3023e9ba05a3d5c875f57d6e1a3ebe680dcea3d
DAO: Frax Finance
Source: Snapshot
Start: June 23, 2026
End: June 28, 2026