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Convex · active proposal
[Resupply] DAO Vote ID: 25
0x7240…b5Bf·4d left·● MEDIUM RISK
Voters
0
CVX voted
0
Token price
$1.38
AI summary
This proposal from Convex DAO suggests ending a program that retains a portion of its native token, CVX, and instead redirecting those weekly CVX emissions to users who borrow on the platform. The current retention program holds back 6.25% of weekly CVX emissions.
Impact
If this proposal passes, the Convex DAO will stop retaining 6.25% of its weekly CVX emissions, and these tokens will instead be distributed to borrowers. This benefits borrowers by increasing their rewards, while potentially reducing the amount of CVX held by the DAO's retention program.
Voting results
yes0 (0.0%)
no0 (0.0%)
0 CVX · 0 votersblock 25626456
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Convex
Quorum: 6.56m CVX
Conclude retention program and route its weekly emissions (6.25%) to borrowers
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