[Curve] Ownership DAO Vote ID: 1427
This proposal seeks to add a new gauge for the VUSD/hemiBTC liquidity pool on Curve. A gauge is a mechanism that allows liquidity providers to earn CRV token rewards for staking their liquidity pool tokens. This specific gauge will be an official one, meaning it's recognized by Curve's system.
Impact: If passed, liquidity providers in the VUSD/hemiBTC pool will become eligible to earn CRV rewards, potentially increasing the pool's attractiveness and liquidity. There are no direct financial losses for any party, but the distribution of CRV rewards will be slightly diluted across more pools.
Read full proposal on Snapshot ↗Quorum: 10% veCLEV
Add a gauge for the following pool: VUSD/hemiBTC
Action 1
To: Curve Gauge Controller Function: AddGauge Gauge: 0x5B933Fc47431795a0c2eb8D183BEAE9722e1fD83 (https://etherscan.io/address/0x5B933Fc47431795a0c2eb8D183BEAE9722e1fD83) Type: Unknown Type 10 Weight: 0 Is official gauge? ✅Yes!✅