Convex · active proposal

[Curve] Ownership DAO Vote ID: 1428

0x7240…b5Bf·1d left·● LOW RISK

🐳 Whale activity

Voters

CVX voted

14.67M

Quorum

—

AI summary

This proposal seeks to add a new gauge to the Curve Gauge Controller for the USD3/frxUSD (3Jane) liquidity pool. A gauge on Curve Finance allows liquidity providers in that specific pool to earn CRV token emissions, incentivizing liquidity. This gauge will be designated as an official gauge on the Ethereum chain.

Impact

If this proposal passes, liquidity providers for the USD3/frxUSD pool will be able to earn CRV rewards, potentially increasing the pool's liquidity and attracting more users to the frxUSD stablecoin. There are no direct financial losses for the DAO, but it could indirectly affect the distribution of CRV rewards to other pools.

Read full proposal on Snapshot ↗

Voting results

yes14.67M (100.0%)

no0 (0.0%)

14.67M CVX · 8 votersblock 25234908

🐳 Whale votes

2 votes > 5% VP

0x52ea…87dc

1d ago · voted yes

63.8%

9.36M VP

0x947b…0277

1d ago · voted yes

36.0%

5.27M VP

Full proposal

Original markdown · Convex

Quorum: 6.60m CVX

Add a gauge for the following pool: USD3/frxUSD (3Jane)

Action 1

To: Curve Gauge Controller Function: AddGauge Gauge: 0xe73d3f4e660830e7ED4650F881FD7e55350f66F9 (https://etherscan.io/address/0xe73d3f4e660830e7ED4650F881FD7e55350f66F9) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅