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Convex · closed proposal

[Curve] Ownership DAO Vote ID: 1423

0x7240…b5Bf·ended 1mo ago·LOW RISK
🐳 Whale activity
Voters
8
CVX voted
14.78M
≈$18.77M
Token price
$1.27

AI summary

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

Voting results

yes14.78M (100.0%)
no0 (0.0%)
14.78M CVX · ≈$18.77M · 8 votersblock 25225202

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
64.0%
9.46M VP
≈$12.02M
0x947b…0277
1mo ago · voted yes
35.7%
5.27M VP
≈$6.70M

Full proposal

Original markdown · 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!✅

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