[Curve] Ownership DAO Vote ID: 1442
AI summary
This proposal seeks to increase the administrative fee percentage from 1% to 10% on three specific LlamaLend v2 markets operating on the Optimism network. These markets involve wstETH/WETH, WBTC/USDC, and wstETH/USDC trading pairs. The change is intended to be implemented via the Configurator smart contract.
If passed, the DAO will collect a larger share of fees from these LlamaLend v2 markets, potentially increasing treasury revenue. Users of these specific LlamaLend markets on Optimism will pay higher fees, which could reduce their profitability or incentivize them to seek alternatives.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Quorum: 10% veCLEV
[Optimism] Increase the admin fee percentage from 1% to 10% on three LlamaLend v2 markets via the Configurator (0xd36c590531cAF5F620C57Faf5827Ce8E7f6E5Bec): wstETH/WETH (0x745422BF49f3F6e4A8E12E4abD19339E7910F8C9); WBTC/USDC (0x9fC15ac3EF97093832f49B7997A58E29b49C56dE); wstETH/USDC (0xb5EC7A3D591877A66BE4f3eafdC4205E98A1BCAA). Rationale: https://gov.curve.finance/t/llamalend-v2-increase-admin-fees-for-markets-on-optimism-1-10/11102
Action 1
To: Unknown 0x8e1e5001C7B8920196c7E3EdF2BCf47B2B6153ff (https://etherscan.io/address/0x8e1e5001C7B8920196c7E3EdF2BCf…