# Fixed Forex - update thread **URL:** \ **Category:** Fixed Forex\ **Created:** [27 July 2021 10:00 UTC](https://gov.yearn.fi/t/fixed-forex-update-thread/11217 "2021-07-27T10:00:47Z")\ **Posts on this page:** 9\ **Page:** 1
**Author:** ![andre.cronje](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/andre.cronje/32/2283_2.png) [@andre.cronje](https://gov.yearn.fi/u/andre.cronje)\ **Post date:** [27 July 2021 10:00 UTC](https://gov.yearn.fi/t/fixed-forex-update-thread/11217/1 "2021-07-27T10:00:47Z")
Fee distribution [deployed](https://etherscan.io/address/0x27761efeb0c7b411e71d0fd0aee5dde35c810cc2). First fee distribution (~EUR21,000.00) will occur 29/07/2021 00:00:00 UTC. ibKRW [deployed](https://etherscan.io/address/0x95dfdc8161832e4ff7816ac4b6367ce201538253). Will become available for borrowing on [Yearn](http://yearn.fi/lend) after 12 hour timelock. Pools pending new [curve.fi](http://curve.fi) factory pool; ibKRW/sKRW ibEUR/sEUR ibEUR/EURt ibEUR/USDt dodo pool for forex swaps in planning phase. Next milestones; - ibCNY/CNYt - Gauge voting and veIBFF distribution ---
**Author:** ![andre.cronje](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/andre.cronje/32/2283_2.png) [@andre.cronje](https://gov.yearn.fi/u/andre.cronje)\ **Post date:** [31 July 2021 10:29 UTC](https://gov.yearn.fi/t/fixed-forex-update-thread/11217/3 "2021-07-31T10:29:50Z")
ibEUR/sEUR [deployed](https://etherscan.io/address/0x19b080fe1ffa0553469d20ca36219f17fcf03859#tokentxns) ibKRW/sKRW [deployed](https://etherscan.io/address/0x8461a004b50d321cb22b7d034969ce6803911899#tokentxns) Distribution gauge [deployed](https://etherscan.io/address/0xd9c8620c0c0b866b7b5180d2d70093165340326d#code), currently only ibEUR/sEUR supported, ibEUR/sEUR gauge [deployed](https://etherscan.io/address/0x9d7ca778d067045a9d6b871c9d28589875308018#code) Users can use veIBFF to [vote](https://etherscan.io/tx/0x5e776f42a89c38d04d5bc0cd4818cdf65383c3d2a83d377bcc6fb958824ddc7f) for their preferred gauges, this will increase the proportion of rewards received by that gauge. A users veIBFF balance augments the IBFF they receive from providing liquidity to the gauge, up to a maximum of 250% increase. User flow as follows (using ibEUR/sEUR pool as example) ibEUR.approve(curve, \_amount1) sEUR.approve(curve, \_amount2) [curve.add\_liquidity([\_amount1, \_amount2], \_min\_lp\_stake)](https://etherscan.io/tx/0x4e8e87a3eea794e0ae813243d48c03b503466d454ead6f04c95fb4ca7fe29083)\* **do not attempt this step if you don’t understand curve pools and single sided slippage, wait for the UI** curve.approve(gauge, \_lp\_stake) [gauge.deposit(amount)](https://etherscan.io/tx/0xc00cca4308e9617b6f7060469afbe26229ad3d970f64d22527fa9e246de55c62) ---
**Author:** ![andre.cronje](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/andre.cronje/32/2283_2.png) [@andre.cronje](https://gov.yearn.fi/u/andre.cronje)\ **Post date:** [2 August 2021 10:06 UTC](https://gov.yearn.fi/t/fixed-forex-update-thread/11217/6 "2021-08-02T10:06:14Z")
**Deployments and addresses** [curve.fi](http://curve.fi) ibEUR/sEUR gauge [address](https://etherscan.io/address/0x9d7ca778d067045a9d6b871c9d28589875308018) [curve.fi](http://curve.fi) ibEUR/sEUR pool [address](https://etherscan.io/address/0x19b080FE1ffA0553469D20Ca36219F17Fcf03859) [curve.fi](http://curve.fi) ibKRW/sKRW gauge [address](https://etherscan.io/address/0x8992fd229b574b8083de1249bc6fd3711fda45dd) [curve.fi](http://curve.fi) ibKRW/sKRW pool [address](https://etherscan.io/address/0x8461a004b50d321cb22b7d034969ce6803911899) Fixed Forex gauge voting [address](https://etherscan.io/address/0xd9c8620c0c0b866b7b5180d2d70093165340326d) Example [vote](https://etherscan.io/tx/0xf33b82e341baf7a0466b7a42a93d9d64e6cb8becad9c118a7833d8377317e7ea) for veIBFF holders; 50% ibKRW, 50% ibEUR **Emission distribution** [Faucet](https://etherscan.io/address/0x7d254d9adc588126edaee52a1029278180a802e8) rewards re-enabled, 1 IBFF [ibEUR/ETH distribution](https://etherscan.io/address/0x1da8a6fe33bd35b99505d67843eec9fa124f2d4b#writeContract) rewards re-enabled, 100 IBFF [Gauges](https://etherscan.io/address/0xd9c8620c0c0b866b7b5180d2d70093165340326d) rewards activated, 100 IBFF **Next milestones** - Forex Swaps (0 slippage forex trades - increases profit) - [curve.fi](http://curve.fi) stabilizers (increases protocol profit) - Dodo wrapper & LP token incentives ---
**Author:** ![andre.cronje](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/andre.cronje/32/2283_2.png) [@andre.cronje](https://gov.yearn.fi/u/andre.cronje)\ **Post date:** [4 August 2021 12:03 UTC](https://gov.yearn.fi/t/fixed-forex-update-thread/11217/7 "2021-08-04T12:03:19Z")
**Deployments and addresses** - [DODO wrapper LP](https://etherscan.io/address/0x9047f7cfc3acd50e44aa8772d1aae37b06c05c5f#code) for [ibEUR/USDT DODO](https://app.dodoex.io/exchange/ibEUR-USDT?network=mainnet) - [veIBFF boost and voting delegation](https://etherscan.io/address/0x0ea89fb2e5b8fa8f14b741ffe1a4617a32611dfc#code) courtesy [curve.fi](https://github.com/curvefi/curve-factory/blob/feat/boost-delegation/contracts/BoostDelegation.vy) - [Gauge Proxy v2](https://etherscan.io/address/0x68ac2ebe43279213c6652ea67d8bcad6f49e4c55#code) including updated gauge emission and voting/boost delegation - [ibEUR/sEUR curve.fi stabilizer](https://etherscan.io/address/0xacb78857cd645258e3c5c1efd6df59431bfe9d90#code) prototype **Emission distribution** Starting next cycle, all distribution (faucet excluding) will be moved to [Gauge Proxy v2](https://etherscan.io/address/0x68ac2ebe43279213c6652ea67d8bcad6f49e4c55#code) **Next milestones** - Forex Swaps (inter ib\*assets) - Synthetix 0 slippage swaps - [curve.fi](http://curve.fi) ibKRW stabilizer - dodo lp gauge ---
**Author:** ![andre.cronje](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/andre.cronje/32/2283_2.png) [@andre.cronje](https://gov.yearn.fi/u/andre.cronje)\ **Post date:** [5 August 2021 06:12 UTC](https://gov.yearn.fi/t/fixed-forex-update-thread/11217/8 "2021-08-05T06:12:42Z")
**Fee distribution** Week 3 fee distribution [USD15,831](https://etherscan.io/tx/0x1d300e62dfac0058d1e6a0daec583005843c713f71adb20a553696a34f20073e) Fee claim for week 2 is [available](https://etherscan.io/tx/0x2edd8c3d1bfc7bd4421658e2774c4d8a9ef21328048121b3be79e123bd8af86b) IBFF week 2 distribution for veIBFF [available](https://etherscan.io/tx/0x7af91a62cabad2f3bd68af4d7a1ed5a7d0cc174992b401d3a36166f007a21905) ---
**Author:** ![andre.cronje](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/andre.cronje/32/2283_2.png) [@andre.cronje](https://gov.yearn.fi/u/andre.cronje)\ **Post date:** [7 August 2021 11:44 UTC](https://gov.yearn.fi/t/fixed-forex-update-thread/11217/9 "2021-08-07T11:44:56Z")
**UI and Phase 2 distribution** UI v 0.1.3-beta deployed [fixedforex.fi](https://fixedforex.fi/) [docs.fixedforex.fi](https://docs.fixedforex.fi/) Minting and burning via [yearn.fi/lend](https://yearn.fi/lend) **Features** - Manage liquidity - Deposit into stable pools - Stake tokens for rewards - Increase length and amount of vest - Vote for pool emission - Claim unlocked IBFF and protocol fee distribution **Phase 2 distribution** Emission schedule will be doubled from 09-08-2021 Emission schedule will be moved to the new v2 proxy from 09-08-2021, after reward emission stops on v1, you can unstake via [etherscan](https://etherscan.io/) and deposit using the [fixedforex.fi](https://fixedforex.fi/) UI. ---
**Author:** ![andre.cronje](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/andre.cronje/32/2283_2.png) [@andre.cronje](https://gov.yearn.fi/u/andre.cronje)\ **Post date:** [12 August 2021 05:31 UTC](https://gov.yearn.fi/t/fixed-forex-update-thread/11217/17 "2021-08-12T05:31:16Z")
**Deployments** - [ibEUR stabilizer](https://etherscan.io/address/0xacb78857cd645258e3c5c1efd6df59431bfe9d90#code) - [Fee Distribution Lookup](https://etherscan.io/address/0x7779c09f6a42834758349c31a26471483e8d2d71#readContract) - [IBFF distribution v2](https://etherscan.io/address/0x15e61581afa2707bca42bae529387eea11f68e6e#code) - [Gauge Proxy v3](https://etherscan.io/address/0x90aAb6C9D887A7Ff8320e56fbd1F4Ff80A0811d5) - [ibEUR Gauge v3](https://etherscan.io/address/0xffb57364d63d5c5cf299d12fa73cfabefc301dc4) - [ibKRW Gauge v3](https://etherscan.io/address/0xcadea5b814917c0d03a8cf7612c1e4b09f49dbc7) **Emission distribution** Week 4 emission cycle active, all available via the [fixedforex.fi](https://fixedforex.fi/) **Fee distribution** Week 4 fee distribution **EUR17,854** Fee claim for week 3 is **available** IBFF week 3 distribution for veIBFF **available** **Next Milestones** - Forex Swaps - Synthetix 0 slippage swaps (pending SIP-171) - ibKRW stabilizer - ibZAR, ibJPY, ibAUD, ibGBP, ibCHF **Links** [fixedforex.fi](https://fixedforex.fi/) [docs.fixedforex.fi](https://docs.fixedforex.fi/) ---
**Author:** ![andre.cronje](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/andre.cronje/32/2283_2.png) [@andre.cronje](https://gov.yearn.fi/u/andre.cronje)\ **Post date:** [12 August 2021 05:51 UTC](https://gov.yearn.fi/t/fixed-forex-update-thread/11217/18 "2021-08-12T05:51:45Z")
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**Author:** ![andre.cronje](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/andre.cronje/32/2283_2.png) [@andre.cronje](https://gov.yearn.fi/u/andre.cronje)\ **Post date:** [12 August 2021 05:52 UTC](https://gov.yearn.fi/t/fixed-forex-update-thread/11217/19 "2021-08-12T05:52:47Z")