[Curve] Ownership DAO Vote ID: 1430
AI summary
This proposal from Convex DAO, acting on behalf of Curve, seeks to add a new gauge for the BOLD/avUSD stablecoin 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. This specific gauge is for a pool on the Avant platform.
If passed, liquidity providers in the BOLD/avUSD pool will become eligible to earn CRV rewards, which could attract more liquidity to this specific pool and the Avant platform. There are no direct financial costs or benefits to the Convex treasury.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Quorum: 6.69m CVX
Add a gauge for the following stableswapNG pool: BOLD/avUSD on Mainnet (Avant)
Action 1
To: Curve Gauge Controller Function: AddGauge Gauge: 0x6B85a13f67279dF0BE3DADBBd6E8Cd7D7fAB9f89 (https://etherscan.io/address/0x6B85a13f67279dF0BE3DADBBd6E8Cd7D7fAB9f89) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅