[Curve] Ownership DAO Vote ID: 1458
AI summary
This proposal asks the Aladdin DAO to approve the creation of a new 'gauge' on Curve Finance for the frxUSD/trUSD stablecoin pool. A gauge is a mechanism that allows liquidity providers to earn CRV token rewards for staking their liquidity in a specific pool. This particular gauge would be an 'official' gauge, meaning it's recognized by Curve.
If passed, this would enable liquidity providers for the frxUSD/trUSD pool on Curve to earn CRV rewards, potentially increasing liquidity for these stablecoins. It benefits those holding or providing liquidity for frxUSD and trUSD. There are no direct financial losses for any specific group.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Quorum: 10% veCLEV
Add a gauge for the following stableswap-NG pool: frxUSD/trUSD (0xd1D954BC94c843815EC7b8119f2de00AF27Fa6Ff)
Action 1
To: Curve Gauge Controller Function: AddGauge Gauge: 0xA49EB49F7e4C86D93f6EA8b81e4863aC4c3B4891 (https://etherscan.io/address/0xA49EB49F7e4C86D93f6EA8b81e4863aC4c3B4891) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅