[Curve] Ownership DAO Vote ID: 1462
AI summary
This proposal from Convex DAO, acting on behalf of Curve DAO, aims to implement a "Hyperbolic Monetary Policy With Dynamic Rate" for two specific lending markets on Llamalend V2. These markets involve sDOLA/crvUSD and sfrxUSD/crvUSD pairs. The technical actions involve calling a smart contract at a specific address with calldata to configure these policies.
If passed, this proposal will alter the interest rate mechanisms for borrowing and lending within the specified Llamalend V2 pools, potentially affecting the cost of borrowing and the yield for lenders in those markets. The exact financial impact on users of these specific markets is not detailed, but it could lead to more volatile or dynamic interest rates.
Voting results
Votes over time
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🐳 Whale votes
4 votes > 5% VPFull proposal
Quorum: 6.55m CVX
Set Hyperbolic Monetary Policy With Dynamic Rate to sDOLA/crvUSD and sfrxUSD/crvUSD Llamalend V2 markets.
Action 1
To: Unknown 0x6065858d0eF0AA240DFdf6f1A0B2ae34B41f49bC (https://etherscan.io/address/0x6065858d0eF0AA240DFdf6f1A0B2ae34B41f49bC) Calldata: 0xbd5bd558000000000000000000000000c77d97cf01737eb7ace46cab7cd9f60ec51a40c0000000000000000000000000e02c02fceef5608762058bfe79bfb4064dcaa7b8
Action 2
To: Unknown 0x6065858d0eF0AA240DFdf6f1A0B2ae34B41f49bC (https://etherscan.io/address/0x6065858d0eF0AA240DFdf6f1A0B2ae34B41f49bC) Calldata: 0xbd5bd5…