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Convex · closed proposal

[Curve] Ownership DAO Vote ID: 1456

0x7240…b5Bf·ended 1d ago·HIGH RISK
🐳 Whale activity
Voters
12
CVX voted
18.30M
≈$23.23M
Token price
$1.27

AI summary

This proposal asks Convex DAO to accept ownership of a new smart contract called "TreasuryStableDiversification" and to approve its use for managing crvUSD, a stablecoin. The proposal includes two technical actions: the first transfers ownership to an unknown address, and the second grants approval for another unknown address to spend crvUSD tokens.

Impact

If passed, the Convex DAO would gain control over a new treasury management tool and authorize the use of crvUSD within it. The specific implications for the DAO's treasury and its token holders are unclear due to the lack of detailed information about the "TreasuryStableDiversification" contract and the unknown addresses involved. It is not possible to determine who benefits or loses without more context.

Read full proposal on Snapshot

Voting results

yes18.30M (100.0%)
no0 (0.0%)
18.30M CVX · ≈$23.23M · 12 votersblock 25577389

Votes over time

x-axis = % of voting window elapsed · y-axis = cumulative VP per choice

🐳 Whale votes

7 votes > 5% VP
0x52ea…87dc
2d ago · voted yes
64.6%
9.89M VP
≈$12.56M
0x947b…0277
3d ago · voted yes
99.5%
5.38M VP
≈$6.83M
0x96c6…4154
1d ago · voted yes
16.3%
2.98M VP
≈$3.79M
0xaa17…57f0
4d ago · voted yes
97.1%
26.02K VP
≈$33.0K
0xfffd…bf5d
4d ago · voted yes
56.2%
432 VP
≈$548
0x7bb9…0418
4d ago · voted yes
30.2%
232 VP
≈$295
0xa829…4153
4d ago · voted yes
13.6%
105 VP
≈$133

Full proposal

Original markdown · Convex

Quorum: 6.66m CVX

Proposal text not entered or not IPFS!: Accept TreasuryStableDiversification ownership and approve usage of treasury crvUSD

Action 1

To: Unknown 0x70b3d2c2A508A87f9C18F46fe9ca42307CD021f7 (https://etherscan.io/address/0x70b3d2c2A508A87f9C18F46fe9ca42307CD021f7) Calldata: 0x79ba5097

Action 2

To: Unknown 0x6508eF65b0Bd57eaBD0f1D52685A70433B2d290B (https://etherscan.io/address/0x6508eF65b0Bd57eaBD0f1D52685A70433B2d290B) Calldata: 0x175fadbe000000000000000000000000f939e0a03fb07f59a73314e73794be0e57ac1b4e00000000000000000000000070b3d2c2a508a87f9c1…

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