Seed-deposit requirement for new market listing
Frax Finance's assessment for RD-F-071 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
No documented minimum seed deposit requirement found for Fraxlend market creation. Docs describe Fraxlend as permissionless — 'anyone can create a market between a pair of ERC-20 tokens.' The FraxlendPairDeployer contract parameters (e.g., minimum initial supply before borrow-enable) were not on-chain read in this assessment. Absence of documented seed-deposit requirement is a gap relative to best practice (seed deposit prevents first-depositor inflation attacks). Yellow: no positive evidence of a seed-deposit guard; the ERC-4626 fToken architecture requires verification of share initialization behavior on first deposit.
Sources #
- URLFraxlend Overview | Frax FinanceFraxlend overview docs: permissionless market creation; no seed deposit requirement mentionedretrieved 2026-05-17
- Key Concepts | Frax FinanceFraxlend key concepts: fToken share calculation description; no seed deposit or minimum initial deposit mentionedretrieved 2026-05-17
Methodology #
Determine whether market-listing governance or code requires a minimum seed deposit before borrow-enabling a new market.
See the full factor methodology and distribution across all protocols →