[Curve] Ownership DAO Vote ID: 1459
AI summary
This proposal from Aladdin DAO suggests ending the rewards (emissions) for the trUSD/frxUSD liquidity pool on Curve. This specific pool, located at address 0xfAE49305b3336fdfb5ada4812123cc8577853408, is being replaced by a re-deployed version at a new address (0xd1D954BC94c843815EC7b8119f2de00AF27Fa6Ff). The proposal's action is to 'kill emissions' for the old pool, meaning it will no longer distribute rewards to liquidity providers.
If this proposal passes, liquidity providers in the old trUSD/frxUSD pool will stop receiving rewards, likely encouraging them to migrate their liquidity to the new pool. This benefits the new pool by consolidating liquidity and potentially harms those who do not move their funds, as they will no longer earn incentives.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Quorum: 10% veCLEV
Kill emissions for trUSD/frxUSD pool(0xfAE49305b3336fdfb5ada4812123cc8577853408), a frxUSD/trUSD pool re-deployed at address 0xd1D954BC94c843815EC7b8119f2de00AF27Fa6Ff.
Action 1
To: Unknown 0xD6BE9b6DCe78d18aE9122198a12FE98CdE0356fF (https://etherscan.io/address/0xD6BE9b6DCe78d18aE9122198a12FE98CdE0356fF) Calldata: 0x90b229970000000000000000000000000000000000000000000000000000000000000001