Abstract
FraxBP is Frax Protocol’s endeavour to create a basepool representation of Frax on Curve. It has the strategic value to enable FRAX liquidity for other protocols through deploying FraxBP metapools, providing a direct path to inject FRAX liquidity without being exposed to DAI and USDT. Further more FraxBP levers up the total basepool liquidity, and increased money supply of FRAX. With a better bribe efficiency than the classic 3CRV metapool, FraxBP has acquired 27 metapools deployment in merely 7 months since the launch in June 2022.