[Convex] Authorize Future Activation of Convex On-Chain Voting
AI summary
This proposal seeks authorization for Convex to implement an on-chain voting system for its governance, replacing the current Snapshot voting method. The new system, detailed in the `convex-eth/voting` repository, will allow vlCVX token holders to vote directly on the blockchain. This proposal is an advance approval to activate the system once the necessary smart contracts are deployed and the user interface is updated, rather than requiring another vote at that future time.
If passed, this proposal will enable a more transparent and verifiable governance process for Convex, moving voting activity closer to the protocol layer. It benefits vlCVX holders by providing a more robust voting mechanism, but does not immediately change any voting procedures or token economics.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
7 votes > 5% VPFull proposal
[Convex] Authorize Future Activation of Convex On-Chain Voting
Summary
- Authorize Convex to turn on on-chain voting once the voting contracts have been deployed and the UI has been updated.
- Confirm community support for moving Convex governance toward the on-chain voting system described in the
convex-eth/votingrepository.
Abstract
Convex has developed on-chain voting infrastructure for vlCVX holders and delegates, described in the convex-eth/voting repository. The system is intended to support on-chain DAO voting and gauge voting acros…