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[Curve] Ownership DAO Vote ID: 1427

By 0x7240…b5Bf·19h left
🟢 LOW
AI Summary
Plain-English read of the proposal — link to the full text below.

This proposal seeks to add a new gauge for the VUSD/hemiBTC liquidity pool on Curve. A gauge is a mechanism that allows liquidity providers to earn CRV token rewards for staking their liquidity pool tokens. If approved, this new gauge will be officially recognized and will have a weight of 0, meaning it won't immediately distribute CRV rewards but can be adjusted later.

Impact: If this proposal passes, the VUSD/hemiBTC pool will become eligible to receive CRV emissions, potentially attracting more liquidity to this specific pool. This benefits liquidity providers in the VUSD/hemiBTC pool by offering them an additional incentive to provide liquidity. There is no direct financial cost to the Convex treasury.

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Full proposal
Original markdown from Convex

Quorum: 6.60m CVX

Add a gauge for the following pool: VUSD/hemiBTC

Action 1

To: Curve Gauge Controller Function: AddGauge Gauge: 0x5B933Fc47431795a0c2eb8D183BEAE9722e1fD83 (https://etherscan.io/address/0x5B933Fc47431795a0c2eb8D183BEAE9722e1fD83) Type: Unknown Type 10 Weight: 0 Is official gauge? ✅Yes!✅

Voting results
yes14.82M (99.9%)
no10.50K (0.1%)
14.83M CVX voted · 8 voters
🐳 Whale votes
2 votes > 5% VP
0x52ea…87dc
2h ago
9.51M
64.1% · yes
0x947b…0277
1d ago
5.27M
99.2% · yes