[Curve] Ownership DAO Vote ID: 1448
AI summary
This proposal from Convex DAO seeks to add a new 'gauge' to Curve Finance for the sUSG/reUSD liquidity pool. A gauge on Curve allows liquidity providers in that specific pool to earn CRV token rewards, incentivizing more liquidity. This particular gauge is designated as an 'official' gauge.
If passed, liquidity providers for the sUSG/reUSD pool on Curve will become eligible to earn CRV token rewards, potentially increasing the pool's liquidity and trading volume. This benefits users of sUSG and reUSD by providing deeper liquidity, but does not directly impact Convex token holders beyond its role in the Curve ecosystem.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
5 votes > 5% VPFull proposal
Quorum: 6.68m CVX
Add a gauge for the following pool: sUSG/reUSD
Action 1
To: Curve Gauge Controller Function: AddGauge Gauge: 0xc58fb163359b8e53C628868BA6C9335D1A6fD16B (https://etherscan.io/address/0xc58fb163359b8e53C628868BA6C9335D1A6fD16B) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅