[Curve] Ownership DAO Vote ID: 1423

By 0x7240…b5Bf·3h left

🟢 LOW

AI Summary

Plain-English read of the proposal — link to the full text below.

This proposal seeks to add a new gauge to the Curve Gauge Controller for the VUSD/crvUSD stableswapNG pool on the Ethereum Mainnet. A gauge is a mechanism that allows liquidity providers to earn CRV token rewards for staking their liquidity pool tokens.

Impact: If this proposal passes, liquidity providers in the VUSD/crvUSD pool will be able to earn CRV rewards, potentially increasing the pool's liquidity and attracting more users to VUSD and crvUSD. There are no direct financial losses for any party, but the distribution of CRV rewards will be slightly diluted across more pools.

Read full proposal on Snapshot ↗

Full proposal

Original markdown from Convex

Quorum: 6.60m CVX

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

Action 1

To: Curve Gauge Controller Function: AddGauge Gauge: 0x737e7700e03A8c451C9B72103554a40760F1B57A (https://etherscan.io/address/0x737e7700e03A8c451C9B72103554a40760F1B57A) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅

Voting results

yes14.78M (100.0%)

no0 (0.0%)

14.78M CVX voted · 8 voters

🐳 Whale votes

2 votes > 5% VP

0x52ea…87dc

2d ago

9.46M

64.0% · yes

0x947b…0277

1d ago

5.27M

35.7% · yes