[Curve] Ownership DAO Vote ID: 1446
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.
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.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
7 votes > 5% VPFull proposal
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!✅