[Curve] Ownership DAO Vote ID: 1435
AI summary
This proposal asks Convex DAO to vote on adding a new gauge to Curve Finance for the MIM-2pool on the Ethereum mainnet. A gauge on Curve allows liquidity providers for a specific pool to earn CRV token rewards. By voting 'yes', Convex would signal its support for this pool to receive CRV emissions.
If this proposal passes, the MIM-2pool on Curve will become eligible to receive CRV rewards, which could attract more liquidity to that specific pool. This benefits liquidity providers in the MIM-2pool by offering additional incentives, and potentially benefits the MIM stablecoin by increasing its liquidity and stability on Curve. There are no direct financial costs or benefits to the Convex treasury.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
1 vote > 5% VPFull proposal
Quorum: 6.79m CVX
Add a gauge for the following StableswapNG pool: MIM - 2pool on Mainnet
Action 1
To: Curve Gauge Controller Function: AddGauge Gauge: 0xEa1BCd7eF2B067fecD0bC6DBB4e09D6b1a684f4d (https://etherscan.io/address/0xEa1BCd7eF2B067fecD0bC6DBB4e09D6b1a684f4d) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅