[Curve] Ownership DAO Vote ID: 1455
AI summary
This proposal asks Convex DAO to approve adding a new liquidity pool gauge for the FT/ftUSD pair on Curve. A gauge is a mechanism that allows liquidity providers to earn CRV rewards for staking their tokens in a specific pool. If approved, this new gauge would be considered an official gauge on the Ethereum blockchain.
If this proposal passes, liquidity providers for the FT/ftUSD pool on Curve will become eligible to earn CRV rewards, potentially increasing liquidity for this specific token pair. There are no direct financial costs or benefits to the Convex treasury.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
7 votes > 5% VPFull proposal
Quorum: 6.66m CVX
Add a gauge for the following pool: FT/ftUSD
Action 1
To: Curve Gauge Controller Function: AddGauge Gauge: 0xEf346C46D648e654727b8280676E64bDF8e5654d (https://etherscan.io/address/0xEf346C46D648e654727b8280676E64bDF8e5654d) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅