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Convex · closed proposal

[Curve] Ownership DAO Vote ID: 1432

0x7240…b5Bf·ended 1mo ago·LOW RISK
🐳 Whale activity
Voters
9
CVX voted
17.31M
≈$21.99M
Token price
$1.27

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.

Impact

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.

Read full proposal on Snapshot

Voting results

yes17.31M (100.0%)
no2.44K (0.0%)
17.31M CVX · ≈$21.99M · 9 votersblock 25274493

Votes over time

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

🐳 Whale votes

3 votes > 5% VP
0x52ea…87dc
1mo ago · voted yes
100.0%
8.44M VP
≈$10.71M
0x947b…0277
1mo ago · voted yes
38.9%
5.37M VP
≈$6.82M
0x96c6…4154
1mo ago · voted yes
20.0%
3.47M VP
≈$4.41M

Full proposal

Original markdown · Convex

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!✅

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