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Convex · closed proposal

[Curve] Ownership DAO Vote ID: 1452

0x7240…b5Bf·ended 7d ago·MEDIUM RISK
🐳 Whale activity
Voters
10
CVX voted
9.96M
≈$12.65M
Token price
$1.27

AI summary

This proposal asks Convex DAO to take ownership of the Gauge Factory smart contract. Additionally, it seeks to add two new 'gauges' to the Curve Gauge Controller. These gauges are for two Llamalend V2 markets, specifically sDOLA-crvUSD and sfrxUSD-crvUSD, which are pools where users can deposit tokens to earn rewards.

Impact

If passed, Convex DAO will control the Gauge Factory, which could influence future gauge creation. The addition of these two new gauges means that liquidity providers in the sDOLA-crvUSD and sfrxUSD-crvUSD pools will be able to earn CRV emissions, potentially increasing liquidity for these specific markets. There are no direct financial allocations from the Convex treasury in this proposal.

Read full proposal on Snapshot

Voting results

yes9.96M (100.0%)
no0 (0.0%)
9.96M CVX · ≈$12.65M · 10 votersblock 25530314

Votes over time

x-axis = % of voting window elapsed · y-axis = cumulative VP per choice

🐳 Whale votes

6 votes > 5% VP
0x52ea…87dc
9d ago · voted yes
98.8%
9.81M VP
≈$12.46M
0xade9…349e
10d ago · voted yes
99.4%
120.36K VP
≈$152.9K
0xfffd…bf5d
10d ago · voted yes
56.0%
432 VP
≈$548
0x7bb9…0418
10d ago · voted yes
30.1%
232 VP
≈$295
0xa829…4153
10d ago · voted yes
13.6%
105 VP
≈$133
0x1b35…f08c
10d ago · voted yes
100.0%
2 VP
≈$3

Full proposal

Original markdown · Convex

Quorum: 6.68m CVX

Accept ownership for Gauge Factory (0x64e1a69732fAC63F6790b3d8a34C5D713cC623E6) and add Gauges for 2 Llamalend V2 markets(sDOLA-crvUSD and sfrxUSD-crvUSD) in gauge controller.

Action 1

To: Unknown 0x64e1a69732fAC63F6790b3d8a34C5D713cC623E6 (https://etherscan.io/address/0x64e1a69732fAC63F6790b3d8a34C5D713cC623E6) Calldata: 0xe5ea47b8

Action 2

To: Curve Gauge Controller Function: AddGauge Gauge: 0x3A55AAb28B4516ceB565a6e0577285C84F53520a (https://etherscan.io/address/0x3A55AAb28B4516ceB565a6e0577285C84F53520a) Type: Ethereum Chain Weight: 0 Is o…

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