[Curve] Ownership DAO Vote ID: 1430
AI summary
This proposal asks Aladdin DAO to approve adding a new gauge to Curve Finance for the BOLD/avUSD stablecoin pool on the Avant network. A gauge on Curve allows liquidity providers in that specific pool to earn CRV token rewards, incentivizing more liquidity. This is a standard procedure for new stablecoin pools seeking to integrate with Curve's reward system.
If passed, the BOLD/avUSD pool will become eligible for CRV rewards, potentially increasing its liquidity and trading volume. This benefits Avant and users of the BOLD/avUSD pair, as well as Curve by expanding its ecosystem. There are no direct financial losses for Aladdin DAO.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Quorum: 10% veCLEV
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!✅