[Curve] Ownership DAO Vote ID: 1431
AI summary
This proposal asks Convex token holders to vote on adding a new gauge to the Curve Finance platform. A gauge is a mechanism that directs rewards (CRV tokens) to specific liquidity pools. If approved, this gauge would be for the ftUSD/USDC liquidity pool, making it eligible to receive CRV emissions.
If this proposal passes, the ftUSD/USDC liquidity pool on Curve will start receiving CRV token rewards, which could attract more liquidity providers to that pool. This benefits liquidity providers in the ftUSD/USDC pool and potentially the ftUSD project by increasing its liquidity and visibility. There are no direct financial losses for any specific group.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
3 votes > 5% VPFull proposal
Quorum: 6.73m CVX
Add a gauge for the following pool: ftUSD/USDC
Action 1
To: Curve Gauge Controller Function: AddGauge Gauge: 0x8aBf0A7e4B59acE59cb214fCB158285cD7Cf7C3F (https://etherscan.io/address/0x8aBf0A7e4B59acE59cb214fCB158285cD7Cf7C3F) Type: Unknown Type 10 Weight: 0 Is official gauge? ✅Yes!✅