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Gearbox · closed proposal
[GIP-122]: Incentivizing a crvUSD Stablecoin Pool on Lending Side
0x8464…8f20·ended 2y ago
Voters
41
GEAR voted
316.94M
Token price
—
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Quorum
316.94M / 200.00M GEAR(158%)
✓ Quorum met
For316.74M (99.9%)
Against101.03K (0.0%)
Abstain100.00K (0.0%)
316.94M GEAR · 41 votersblock 19713735
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Gearbox
Author: amplice
Summary:
Incentivize crvUSD stablecoin pool (if/when it is added) with GEAR to bootstrap initial liquidity into the pool.
Motivation
One of our goals at Gearbox is to grow TVL as large as possible, which means doing whatever we can to attract more DeFi users to either provide liquidity on the lending side, or use leverage on Gearbox (or both). The Curve ecosystem is one of the largest in DeFi, with a proven track record of being able to attract users. Curve's crvUSD is growing in popularity and is one of the largest decentralized stablecoins on the market at the mo…
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