[Curve] Ownership DAO Vote ID: 1432
AI summary
This proposal asks Convex DAO to vote on adding a new gauge to the Curve Gauge Controller. This gauge is for the 'Curve Strategic BTC Reserves' stableswapNG pool, which means it will allow users providing liquidity to this specific pool on Curve to earn CRV rewards. The proposal specifies the exact address of the gauge to be added.
If passed, liquidity providers to the 'Curve Strategic BTC Reserves' pool will become eligible to receive CRV token rewards, incentivizing more capital to flow into this pool. This benefits those liquidity providers and potentially strengthens the pool's stability, but does not directly impact the Convex treasury or its token holders.
Voting results
🐳 Whale votes
2 votes > 5% VPFull proposal
Quorum: 6.73m CVX
Add a gauge for the following stableswapNG pool: Curve Strategic BTC Reserves
Action 1
To: Curve Gauge Controller Function: AddGauge Gauge: 0x505f14e7b8B43d539fd21118D2712CE9f16b2a20 (https://etherscan.io/address/0x505f14e7b8B43d539fd21118D2712CE9f16b2a20) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅