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Convex · closed proposal

[Curve] Ownership DAO Vote ID: 1428

0x7240…b5Bf·ended 1mo ago·LOW RISK
🐳 Whale activity
Voters
9
CVX voted
17.69M
≈$22.47M
Token price
$1.27

AI summary

This proposal seeks to add a new gauge to the Curve Gauge Controller for the USD3/frxUSD (3Jane) liquidity pool. A gauge on Curve Finance allows liquidity providers in that specific pool to earn CRV token emissions, incentivizing liquidity. This gauge will be designated as an official gauge on the Ethereum chain.

Impact

If this proposal passes, liquidity providers for the USD3/frxUSD pool will be able to earn CRV rewards, potentially increasing the pool's liquidity and attracting more users to the frxUSD stablecoin. There are no direct financial losses for the DAO, but it could indirectly affect the distribution of CRV rewards to other pools.

Read full proposal on Snapshot

Voting results

yes17.69M (100.0%)
no0 (0.0%)
17.69M CVX · ≈$22.47M · 9 votersblock 25234908

Votes over time

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

🐳 Whale votes

3 votes > 5% VP
0x52ea…87dc
1mo ago · voted yes
63.8%
9.36M VP
≈$11.88M
0x947b…0277
1mo ago · voted yes
36.0%
5.27M VP
≈$6.70M
0x96c6…4154
1mo ago · voted yes
17.1%
3.03M VP
≈$3.84M

Full proposal

Original markdown · Convex

Quorum: 6.60m CVX

Add a gauge for the following pool: USD3/frxUSD (3Jane)

Action 1

To: Curve Gauge Controller Function: AddGauge Gauge: 0xe73d3f4e660830e7ED4650F881FD7e55350f66F9 (https://etherscan.io/address/0xe73d3f4e660830e7ED4650F881FD7e55350f66F9) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅

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