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Convex · closed proposal

[Curve] Ownership DAO Vote ID: 1446

0x7240…b5Bf·ended 20d ago·LOW RISK
🐳 Whale activity
Voters
12
CVX voted
18.62M
≈$23.65M
Token price
$1.27

AI summary

This proposal asks Convex DAO to approve the creation of a new gauge on Curve Finance for the USG/msUSD liquidity pool. A gauge on Curve allows liquidity providers in that specific pool to earn CRV token rewards, incentivizing more liquidity. Convex DAO's approval is a step towards enabling these rewards for the USG/msUSD pool.

Impact

If this proposal passes, the USG/msUSD pool will become eligible for CRV emissions, potentially attracting more liquidity to that pool and benefiting its liquidity providers. There are no direct financial costs or losses to the Convex treasury.

Read full proposal on Snapshot

Voting results

yes18.62M (100.0%)
no0 (0.0%)
18.62M CVX · ≈$23.65M · 12 votersblock 25440384

Votes over time

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

🐳 Whale votes

7 votes > 5% VP
0x52ea…87dc
22d ago · voted yes
62.1%
9.47M VP
≈$12.03M
0x947b…0277
22d ago · voted yes
35.8%
5.46M VP
≈$6.94M
0x96c6…4154
20d ago · voted yes
18.1%
3.37M VP
≈$4.29M
0xb398…9e23
23d ago · voted yes
100.0%
224.72K VP
≈$285.4K
0xea7c…c307
23d ago · voted yes
15.0%
42.01K VP
≈$53.4K
0xaa17…57f0
23d ago · voted yes
10.4%
32.59K VP
≈$41.4K
0x7bea…039e
23d ago · voted yes
5.7%
13.50K VP
≈$17.1K

Full proposal

Original markdown · Convex

Quorum: 6.64m CVX

Add a gauge for the following pool: USG/msUSD

Action 1

To: Curve Gauge Controller Function: AddGauge Gauge: 0x65B8b0B7D62bdcA3Ed3c3002C49db315b0f8Eb37 (https://etherscan.io/address/0x65B8b0B7D62bdcA3Ed3c3002C49db315b0f8Eb37) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅

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