[Curve] Ownership DAO Vote ID: 1442
AI summary
This proposal seeks to increase the administrative fee percentage from 1% to 10% on three specific LlamaLend v2 markets operating on the Optimism network. LlamaLend is a lending protocol within the Curve ecosystem. The affected markets are wstETH/WETH, WBTC/USDC, and wstETH/USDC. This change is intended to increase revenue for the protocol.
If this proposal passes, the Curve protocol will collect a larger share of the interest generated on these three LlamaLend markets, potentially increasing treasury revenue. Users borrowing or lending on these specific markets will see a higher portion of their interest payments go to the protocol as a fee, rather than to liquidity providers.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
6 votes > 5% VPFull proposal
Quorum: 6.64m CVX
[Optimism] Increase the admin fee percentage from 1% to 10% on three LlamaLend v2 markets via the Configurator (0xd36c590531cAF5F620C57Faf5827Ce8E7f6E5Bec): wstETH/WETH (0x745422BF49f3F6e4A8E12E4abD19339E7910F8C9); WBTC/USDC (0x9fC15ac3EF97093832f49B7997A58E29b49C56dE); wstETH/USDC (0xb5EC7A3D591877A66BE4f3eafdC4205E98A1BCAA). Rationale: https://gov.curve.finance/t/llamalend-v2-increase-admin-fees-for-markets-on-optimism-1-10/11102
Action 1
To: Unknown 0x8e1e5001C7B8920196c7E3EdF2BCf47B2B6153ff (https://etherscan.io/address/0x8e1e5001C7B8920196c7E3EdF2BCf4…