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Convex · closed proposal

[Curve] Ownership DAO Vote ID: 1423

0x7240…b5Bf·ended 49m ago·LOW RISK
🐳 Whale activity
Voters
8
CVX voted
14.78M
Quorum

AI summary

This proposal seeks to add a new gauge to the Curve Gauge Controller for the VUSD/crvUSD stableswapNG pool on the Ethereum Mainnet. A gauge is a mechanism that allows liquidity providers to earn CRV token rewards for staking their liquidity pool tokens.

Impact

If this proposal passes, liquidity providers in the VUSD/crvUSD pool will be able to earn CRV rewards, potentially increasing the pool's liquidity and attracting more users to VUSD and crvUSD. There are no direct financial losses for any party, but the distribution of CRV rewards will be slightly diluted across more pools.

Read full proposal on Snapshot ↗

Voting results

yes14.78M (100.0%)
no0 (0.0%)
14.78M CVX · 8 votersblock 25225202

🐳 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: VUSD/crvUSD on Mainnet (vetro.org)

Action 1

To: Curve Gauge Controller Function: AddGauge Gauge: 0x737e7700e03A8c451C9B72103554a40760F1B57A (https://etherscan.io/address/0x737e7700e03A8c451C9B72103554a40760F1B57A) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅

[Curve] Ownership DAO Vote ID: 1423 · Convex — DAO Sentinel