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Convex · closed proposal

[Curve] Ownership DAO Vote ID: 1425

0x7240…b5Bf·ended 1mo ago·LOW RISK
🐳 Whale activity
Voters
9
CVX voted
14.84M
≈$17.81M
Token price
$1.20

AI summary

This proposal seeks to add a new gauge to the Curve Gauge Controller for the VUSD/msUSD stableswapNG pool on the Ethereum Mainnet. Adding this gauge would allow liquidity providers for this specific pool to earn CRV rewards, incentivizing more liquidity.

Impact

If passed, liquidity providers in the VUSD/msUSD pool would become eligible for CRV emissions, potentially increasing the pool's liquidity and trading volume. There is no direct financial impact on the Convex treasury, but it could indirectly affect the value of CRV and CVX by directing emissions.

Read full proposal on Snapshot

Voting results

yes14.83M (99.9%)
no10.50K (0.1%)
14.84M CVX · ≈$17.81M · 9 votersblock 25230024

Votes over time

x-axis = % of voting window elapsed · y-axis = cumulative VP per choice

🐳 Whale votes

2 votes > 5% VP
0x52ea…87dc
1mo ago · voted yes
64.1%
9.51M VP
≈$11.41M
0x947b…0277
1mo ago · voted yes
99.0%
5.27M VP
≈$6.33M

Full proposal

Original markdown · Convex

Quorum: 6.60m CVX

Add a gauge for the following stableswapNG pool: VUSD/msUSD on Mainnet (vetro.org)

Action 1

To: Curve Gauge Controller Function: AddGauge Gauge: 0x28a72343bFf5e10b36E72d86b1041ED2447Dc0Cc (https://etherscan.io/address/0x28a72343bFf5e10b36E72d86b1041ED2447Dc0Cc) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅

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