[Curve] Ownership DAO Vote ID: 1449
AI summary
This proposal seeks to adjust a parameter called 'Ramp A' for the USDG/USDC liquidity pool on Curve. Specifically, it proposes to increase 'Ramp A' from 1000 to 3000 over a period of one week. 'Ramp A' is a setting that controls how quickly the exchange rate between two assets in a liquidity pool can change, helping to maintain stability.
If this proposal passes, the USDG/USDC pool on Curve will experience a more gradual adjustment in its exchange rate over the specified week. This could lead to increased stability for users trading in this pool, potentially reducing volatility for those holding or exchanging USDG and USDC. The direct financial impact on the DAO's treasury is not specified.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Quorum: 10% veCLEV
Ramp A up for USDG/USDC pool from 1000 to 3000 over 1 week.
Action 1
To: Unknown 0xc061caa073f3d95F80f8e5428d32D2d76F5e1622 (https://etherscan.io/address/0xc061caa073f3d95F80f8e5428d32D2d76F5e1622) Calldata: 0x3c157e640000000000000000000000000000000000000000000000000000000000000bb8000000000000000000000000000000000000000000000000000000006a612d57