[Curve] Ownership DAO Vote ID: 1449
AI summary
This proposal from Convex Finance, acting on behalf of Curve DAO, suggests increasing the 'A' parameter for the USDG/USDC liquidity pool on Curve. The 'A' parameter, also known as the amplification factor, affects the sensitivity of the pool's exchange rate to changes in liquidity. The proposal aims to ramp up this value from 1000 to 3000 over a period of one week.
If passed, this change will make the USDG/USDC pool more capital efficient, potentially leading to lower slippage for traders and better returns for liquidity providers in that specific pool. It primarily benefits users and liquidity providers of the USDG/USDC pool.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
5 votes > 5% VPFull proposal
Quorum: 6.68m CVX
Ramp A up for USDG/USDC pool from 1000 to 3000 over 1 week.
Action 1
To: Unknown 0xc061caa073f3d95F80f8e5428d32D2d76F5e1622 (https://etherscan.io/address/0xc061caa073f3d95F80f8e5428d32D2d76F5e1622) Calldata: 0x3c157e640000000000000000000000000000000000000000000000000000000000000bb8000000000000000000000000000000000000000000000000000000006a612d57