[Curve] Ownership DAO Vote ID: 1437
AI summary
This proposal seeks to add a new 'veFunder fundraising gauge' to the Curve Finance platform. This gauge would allow for the distribution of up to 5,000,000 CRV tokens to a specific address (0xF90C888E3bB5e9fc90418e72cD2e2bcCFE358628). The purpose of these funds is to compensate borrowers who experienced liquidations during the sDOLA incident, as detailed in the linked rationale.
If passed, this proposal would enable the distribution of up to 5,000,000 CRV tokens, currently valued at approximately $2.1 million, to address the sDOLA incident. This directly benefits those borrowers who were liquidated, while potentially impacting the overall CRV token supply and its distribution.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Quorum: 10% veCLEV
Add a veFunder fundraising gauge (0x93B823e54959635ccAbfcf1B313B2Ad2785BFe95) to the GaugeController with max emissions up to 5,000,000 CRV, directed to 0xF90C888E3bB5e9fc90418e72cD2e2bcCFE358628. Funds remediation for borrowers liquidated in the sDOLA incident. Rationale: https://gov.curve.finance/t/sdola-borrowers-remediation-donation-gauge/11094
Action 1
To: Curve Gauge Controller Function: AddGauge Gauge: 0x93B823e54959635ccAbfcf1B313B2Ad2785BFe95 (https://etherscan.io/address/0x93B823e54959635ccAbfcf1B313B2Ad2785BFe95) Type: Unknown Type 10 Weight: 0…