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Convex · closed proposal

[Curve] Ownership DAO Vote ID: 1445

0x7240…b5Bf·ended 27d ago·MEDIUM RISK
🐳 Whale activity
Voters
10
CVX voted
12.14M
≈$15.42M
Token price
$1.27

AI summary

This proposal aims to redirect fees generated from crvUSD stablecoin transactions on the Arbitrum and Base layer-2 networks to the Curve DAO treasury. Currently, these fees are not being collected by the DAO. The proposal involves 'unkilling' a specific epoch on the FeeCollector contract and setting up a forwarding hook to bridge the crvUSD fees to the treasury address (0x6508eF65b0Bd57eaBD0f1D52685A70433B2d290B).

Impact

If passed, the Curve DAO treasury will begin receiving crvUSD fees from Arbitrum and Base, increasing its revenue. This benefits the DAO and its token holders by potentially strengthening the treasury, though the exact financial impact cannot be determined from the proposal alone as no specific dollar amounts are mentioned for the expected fees.

Read full proposal on Snapshot

Voting results

yes12.14M (100.0%)
no0 (0.0%)
12.14M CVX · ≈$15.42M · 10 votersblock 25389937

Votes over time

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

🐳 Whale votes

9 votes > 5% VP
0x52ea…87dc
28d ago · voted yes
98.0%
8.43M VP
≈$10.70M
0x96c6…4154
27d ago · voted yes
29.2%
3.54M VP
≈$4.50M
0xdbc9…8101
29d ago · voted yes
72.7%
122.25K VP
≈$155.3K
0xaa17…57f0
1mo ago · voted yes
976.1%
32.59K VP
≈$41.4K
0xdfe7…2478
29d ago · voted yes
6.0%
10.07K VP
≈$12.8K
0xd8ee…b88e
1mo ago · voted yes
77.0%
2.57K VP
≈$3.3K
0xfffd…bf5d
1mo ago · voted yes
12.8%
427 VP
≈$542
0x7bb9…0418
1mo ago · voted yes
7.1%
237 VP
≈$301
0x1b35…f08c
1mo ago · voted yes
100.0%
2 VP
≈$3

Full proposal

Original markdown · Convex

Quorum: 6.66m CVX

[Arbitrum][Base] Redirect L2 crvUSD fees to the Curve DAO treasury (0x6508eF65b0Bd57eaBD0f1D52685A70433B2d290B). Unkill the FORWARD epoch on the FeeCollector and set the Hooker forwarding hook to bridge crvUSD to the treasury. Rationale: https://gov.curve.finance/t/redirect-arbitrum-and-base-l2-fees-to-the-curve-dao-treasury/11100

Action 1

To: Unknown 0xb7b0FF38E0A01D798B5cd395BbA6Ddb56A323830 (https://etherscan.io/address/0xb7b0FF38E0A01D798B5cd395BbA6Ddb56A323830) Calldata: 0x88b5815b00000000000000000000000000000000000000000000000000000000000000600000000…

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