[Curve] Ownership DAO Vote ID: 1455
AI summary
This proposal seeks to add a new gauge for the FT/ftUSD liquidity pool on Curve Finance. A gauge is a mechanism that allows liquidity providers to earn rewards, typically in the form of CRV tokens, for staking their liquidity pool tokens. If approved, this would make the FT/ftUSD pool eligible for these rewards.
If this proposal passes, liquidity providers for the FT/ftUSD pool will be able to earn CRV rewards, potentially increasing the pool's attractiveness and liquidity. This benefits users providing liquidity to this specific pool, and could indirectly benefit the Aladdin DAO by increasing the utility of its associated tokens. There are no direct financial losses to any party.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Quorum: 10% veCLEV
Add a gauge for the following pool: FT/ftUSD
Action 1
To: Curve Gauge Controller Function: AddGauge Gauge: 0xEf346C46D648e654727b8280676E64bDF8e5654d (https://etherscan.io/address/0xEf346C46D648e654727b8280676E64bDF8e5654d) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅