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Convex · closed proposal

[Curve] Ownership DAO Vote ID: 1440

0x7240…b5Bf·ended 29d ago·MEDIUM RISK
🐳 Whale activity
Voters
9
CVX voted
17.46M
≈$22.17M
Token price
$1.27

AI summary

This proposal seeks to stop the distribution of CRV tokens (emissions) to several specific liquidity pools on the Curve platform. Specifically, it targets the SAAVE, sUSD/sUSDe, and sUSD/FRAXBP pools on the Ethereum mainnet, as well as the sUSD Synthetix pool on the Optimism network. By 'killing emissions,' the proposal aims to cease the rewards that liquidity providers in these pools currently receive.

Impact

If this proposal passes, liquidity providers in the affected pools will no longer earn CRV token rewards, which could lead to a decrease in liquidity for these specific pools. This benefits the overall Curve ecosystem by reallocating CRV emissions to other pools deemed more strategic or efficient, but it negatively impacts those who are currently earning rewards from the listed pools.

Read full proposal on Snapshot

Voting results

yes17.46M (100.0%)
no0 (0.0%)
17.46M CVX · ≈$22.17M · 9 votersblock 25375347

Votes over time

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

🐳 Whale votes

6 votes > 5% VP
0x52ea…87dc
1mo ago · voted yes
60.4%
8.39M VP
≈$10.66M
0x947b…0277
1mo ago · voted yes
100.0%
5.47M VP
≈$6.95M
0x96c6…4154
29d ago · voted yes
20.3%
3.54M VP
≈$4.50M
0xfffd…bf5d
1mo ago · voted yes
55.7%
427 VP
≈$542
0x7bb9…0418
1mo ago · voted yes
30.9%
237 VP
≈$301
0xa829…4153
1mo ago · voted yes
13.5%
103 VP
≈$131

Full proposal

Original markdown · Convex

Quorum: 6.63m CVX

Kill emissions for SAAVE,sUSD/sUSDe,sUSD/FRAXBP pools on ETH mainnet,and sUSD Syntetix pool on Optimism network.

Action 1

To: Unknown 0x519AFB566c05E00cfB9af73496D00217A630e4D5 (https://etherscan.io/address/0x519AFB566c05E00cfB9af73496D00217A630e4D5) Calldata: 0x4344ce71000000000000000000000000462253b8f74b72304c145db0e4eebd326b22ca390000000000000000000000000000000000000000000000000000000000000001

Action 2

To: Unknown 0x411387Be45F5c001159f3d76e26Fe7D200e5Dc71 (https://etherscan.io/address/0x411387Be45F5c001159f3d76e26Fe7D200e5Dc71) Calldata: 0…

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