[Curve] Ownership DAO Vote ID: 1447
AI summary
This proposal asks Convex DAO to vote on a Curve DAO proposal (ID 1447) to add a new gauge for the USG/OUSD liquidity pool on Curve. A gauge is a mechanism that allows liquidity providers to earn CRV token rewards for staking their liquidity pool tokens. If approved, this gauge would be considered an official gauge on the Ethereum blockchain.
If this proposal passes, liquidity providers in the USG/OUSD pool would become eligible to earn CRV rewards, potentially increasing the pool's attractiveness and liquidity. This benefits USG/OUSD liquidity providers and the OUSD project by incentivizing participation. There are no direct financial costs to the Convex treasury.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
3 votes > 5% VPFull proposal
Quorum: 6.48m CVX
Add a gauge for the following pool: USG/OUSD
Action 1
To: Curve Gauge Controller Function: AddGauge Gauge: 0x512bC2AeE29F8E641f903B339D40947595A5bFe8 (https://etherscan.io/address/0x512bC2AeE29F8E641f903B339D40947595A5bFe8) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅