Convex · active proposal

[Curve] Ownership DAO Vote ID: 1427

0x7240…b5Bf·15h left·● LOW RISK

🐳 Whale activity

Voters

CVX voted

14.83M

Quorum

—

AI summary

This proposal seeks to add a new gauge for the VUSD/hemiBTC liquidity pool on Curve. A gauge is a mechanism that allows liquidity providers to earn CRV token rewards for staking their liquidity pool tokens. If approved, this new gauge will be officially recognized and will have a weight of 0, meaning it won't immediately distribute CRV rewards but can be adjusted later.

Impact

If this proposal passes, the VUSD/hemiBTC pool will become eligible to receive CRV emissions, potentially attracting more liquidity to this specific pool. This benefits liquidity providers in the VUSD/hemiBTC pool by offering them an additional incentive to provide liquidity. There is no direct financial cost to the Convex treasury.

Read full proposal on Snapshot ↗

Voting results

yes14.82M (99.9%)

no10.50K (0.1%)

14.83M CVX · 8 votersblock 25230090

🐳 Whale votes

2 votes > 5% VP

0x52ea…87dc

7h ago · voted yes

64.1%

9.51M VP

0x947b…0277

1d ago · voted yes

99.2%

5.27M VP

Full proposal

Original markdown · Convex

Quorum: 6.60m CVX

Add a gauge for the following pool: VUSD/hemiBTC

Action 1

To: Curve Gauge Controller Function: AddGauge Gauge: 0x5B933Fc47431795a0c2eb8D183BEAE9722e1fD83 (https://etherscan.io/address/0x5B933Fc47431795a0c2eb8D183BEAE9722e1fD83) Type: Unknown Type 10 Weight: 0 Is official gauge? ✅Yes!✅