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Curve · closed proposal
CIP#18 - Incentive for providing on-chain CRV liquidity
0x052C…2318·ended 6y ago
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0
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$0.36
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0 CRV · 0 votersblock 10924472
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Full proposal
Original markdown · Curve
This proposal aims to increase on-chain liquidity for CRV and use cases of veCRV by creating a new gauge that rewards Uniswap LPs (CRV:ETH).
Creating a new gauge means governance participants would then be able to allocate their voting power to it which would then reward stakers with CRV. The gauge would be introduced at 0 allocation.
The gauge would have a 50% admin fee on Uniswap profits which means 50% of profits would be collected by the DAO and distributed to veCRV holders on withdrawal. If there were no profits, the withdrawal fee will be free.
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