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Convex · closed proposal

[Curve] Ownership DAO Vote ID: 1463

0x7240…b5Bf·ended 2mo ago·● MEDIUM RISK
🐳 Whale activity
Voters
7
CVX voted
18.44M
≈$38.72M
Token price
$2.10

AI summary

This proposal from Convex DAO, acting on behalf of Curve, aims to implement a 'Hyperbolic monetary policy' for two specific liquidity pools on the Optimism network: WBTC-USDC and wstETH-USDC. This policy change is intended to optimize the incentive structure for these pools within the Curve ecosystem. The technical details involve calling a function on an unknown address to set parameters for these pools.

Impact

If passed, this proposal will alter the economic incentives for liquidity providers in the WBTC-USDC and wstETH-USDC pools on Optimism, potentially attracting more liquidity or changing the distribution of rewards. The exact financial impact on liquidity providers or the DAO's treasury cannot be determined from the provided information.

Read full proposal on Snapshot ↗

Voting results

yes18.44M (100.0%)
no0 (0.0%)
18.44M CVX · ≈$38.72M · 7 votersblock 25624739

Votes over time

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

🐳 Whale votes

4 votes > 5% VP
0x52ea…87dc
2mo ago · voted yes
99.7%
9.83M VP
≈$20.64M
0x947b…0277
2mo ago · voted yes
35.4%
5.41M VP
≈$11.35M
0x96c6…4154
2mo ago · voted yes
17.2%
3.17M VP
≈$6.66M
0xaa17…57f0
2mo ago · voted yes
100.0%
32.59K VP
≈$68.4K

Full proposal

Original markdown · Convex

Quorum: 6.55m CVX

[Optimism] Set Hyperbolic monetary policy for LLv2 markets: WBTC-USDC -> 0x79982D49B4eB097b9172c31Cc1Da5a4ef1Cb665b, wstETH-USDC -> 0x59D8E462AD83117C1d3E493ad75B97e3aD2147d2

Action 1

To: Unknown 0x8e1e5001C7B8920196c7E3EdF2BCf47B2B6153ff (https://etherscan.io/address/0x8e1e5001C7B8920196c7E3EdF2BCf47B2B6153ff) Calldata: 0xbe94553e0000000000000000000000000000000000000000000000000000000000000040000000000000000000000000000000000000000000000000000000000003c7ad00000000000000000000000000000000000000000000000000000000000000020000000000000000000000000000000000000…

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