Convex · closed proposal

[Curve] Ownership DAO Vote ID: 1424

0x7240…b5Bf·ended 44m ago·● LOW RISK

🐳 Whale activity

Voters

CVX voted

14.78M

Quorum

—

AI summary

This proposal seeks to add a new gauge for the crvUSD/sVUSD stablecoin pool on the Curve platform. A gauge is a mechanism that allows liquidity providers to earn CRV rewards for staking their liquidity tokens. This specific gauge will be an official one, meaning it will be eligible for CRV emissions.

Impact

If passed, liquidity providers for the crvUSD/sVUSD pool will be able to earn CRV rewards, potentially increasing the pool's liquidity and trading volume. This benefits users of the sVUSD stablecoin and the Curve ecosystem by expanding its offerings. There are no direct financial losses for any specific group.

Read full proposal on Snapshot ↗

Voting results

yes14.78M (100.0%)

no0 (0.0%)

14.78M CVX · 8 votersblock 25225217

🐳 Whale votes

2 votes > 5% VP

0x52ea…87dc

2d ago · voted yes

64.0%

9.46M VP

0x947b…0277

1d ago · voted yes

35.7%

5.27M VP

Full proposal

Original markdown · Convex

Quorum: 6.60m CVX

Add a gauge for the following stableswapNG pool: crvUSD/sVUSD on Mainnet (vetro.org)

Action 1

To: Curve Gauge Controller Function: AddGauge Gauge: 0x543c88e9B7Bd90a4C14A31bdbf41dD509Ab666eD (https://etherscan.io/address/0x543c88e9B7Bd90a4C14A31bdbf41dD509Ab666eD) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅