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Convex · closed proposal
[Resupply] DAO Vote ID: 25
0x7240…b5Bf·ended 2mo ago·● MEDIUM RISK
🐳 Whale activity
Voters
9
CVX voted
10.83M
≈$22.75M
Token price
$2.10
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
yes10.83M (100.0%)
no0 (0.0%)
10.83M CVX · ≈$22.75M · 9 votersblock 25626456
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
4 votes > 5% VP0x947b…0277
2mo ago · voted yes
98.9%
5.41M VP
≈$11.35M
0x96c6…4154
2mo ago · voted yes
29.3%
3.17M VP
≈$6.66M
0xbd0a…ca92
2mo ago · voted yes
28.7%
2.20M VP
≈$4.61M
0xaa17…57f0
2mo ago · voted yes
100.0%
32.59K VP
≈$68.4K
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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