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Convex · active proposal

[Curve] Ownership DAO Vote ID: 1467

0x7240…b5Bf·1d left·LOW RISK
🐳 Whale activity
Voters
7
CVX voted
15.32M
≈$20.38M
Token price
$1.33

AI summary

This proposal seeks to disable the Odos router, an exchange mechanism, from being used in the leverage zap feature on Arbitrum. The leverage zap allows users to quickly enter leveraged positions on Convex. By disabling Odos, the DAO aims to remove a specific routing option for these transactions.

Impact

If this proposal passes, users engaging in leverage zaps on Arbitrum will no longer be able to route their trades through the Odos exchange. This could potentially affect the efficiency or available liquidity for some users, though the overall impact on the Convex protocol's functionality is likely minimal as other routing options may still exist. No specific financial beneficiaries or losers are identified.

Read full proposal on Snapshot

Voting results

yes15.32M (100.0%)
no0 (0.0%)
15.32M CVX · ≈$20.38M · 7 votersblock 25634231

Votes over time

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

🐳 Whale votes

3 votes > 5% VP
0x52ea…87dc
17h ago · voted yes
64.5%
9.89M VP
≈$13.15M
0x947b…0277
1d ago · voted yes
100.0%
5.41M VP
≈$7.19M
0x1b35…f08c
1d ago · voted yes
100.0%
2 VP
≈$3

Full proposal

Original markdown · Convex

Quorum: 6.56m CVX

[Arbitrum] Disable the Odos router (0x0D05a7D3448512B78fa8A9e46c4872C88C4a0D05) as an approved exchange on leverage zap.

Action 1

To: Unknown 0xb7b0FF38E0A01D798B5cd395BbA6Ddb56A323830 (https://etherscan.io/address/0xb7b0FF38E0A01D798B5cd395BbA6Ddb56A323830) Calldata: 0x88b5815b0000000000000000000000000000000000000000000000000000000000000060000000000000000000000000000000000000000000000000000000000001c870000000000000000000000000000000000000000000000000000000003b9aca000000000000000000000000000000000000000000000000000000000000000001000000000000000000000000000…

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