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Convex · closed proposal

[Curve] Ownership DAO Vote ID: 1468

0x7240…b5Bf·ended 2mo ago·● MEDIUM RISK
🐳 Whale activity
Voters
6
CVX voted
12.97M
≈$27.23M
Token price
$2.10

AI summary

This proposal from the Convex DAO, acting on behalf of the Curve DAO, aims to disable a specific router, the Odos router (address 0x0D05a7D3448512B78fa8A9e46c4872C88C4a0D05), from being an approved exchange for 'leverage zap' operations within the Fraxtal system. Leverage zaps are a feature that allows users to quickly enter leveraged positions in DeFi protocols. By disabling this router, the DAO is removing one of the pathways through which these zaps can be executed.

Impact

If this proposal passes, the Odos router will no longer be usable for leverage zaps within Fraxtal, potentially affecting users who relied on this specific router for their leveraged positions. It could lead to a slight reduction in flexibility for users of the leverage zap feature, but it's unclear if this will significantly impact a large number of users or the overall Fraxtal ecosystem.

Read full proposal on Snapshot ↗

Voting results

yes12.97M (100.0%)
no0 (0.0%)
12.97M CVX · ≈$27.23M · 6 votersblock 25637803

Votes over time

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

🐳 Whale votes

2 votes > 5% VP
0x52ea…87dc
2mo ago · voted yes
100.0%
9.76M VP
≈$20.50M
0x96c6…4154
2mo ago · voted yes
24.4%
3.17M VP
≈$6.66M

Full proposal

Original markdown · Convex

Quorum: 6.57m CVX

[Fraxtal] Disable the Odos router (0x0D05a7D3448512B78fa8A9e46c4872C88C4a0D05) as an approved exchange on leverage zap.

Action 1

To: Unknown 0xE0fE4416214e95F0C67Dc044AAf1E63d6972e0b9 (https://etherscan.io/address/0xE0fE4416214e95F0C67Dc044AAf1E63d6972e0b9) Calldata: 0x11f70ecf00000000000000000000000000000000000000000000000000000000000000fc0000000000000000000000000000000000000000000000000000000000000060000000000000000000000000000000000000000000000000000000000001c8df00000000000000000000000000000000000000000000000000000000000000010000000000000000000000000000…

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