[Curve] Ownership DAO Vote ID: 1444
AI summary
This proposal seeks to add a new gauge to the Curve Finance platform for the rETH/crvUSD liquidity pool. A gauge is a mechanism that allows liquidity providers to earn CRV token rewards for their contributions to a specific pool. By adding this gauge, the rETH/crvUSD pool will become eligible for these rewards, incentivizing more liquidity.
If this proposal passes, liquidity providers in the rETH/crvUSD pool will be able to earn CRV rewards, potentially increasing the pool's liquidity and stability. This benefits users of rETH and crvUSD by providing deeper liquidity, while potentially diluting CRV rewards for other pools if the total reward emissions remain constant.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Quorum: 10% veCLEV
Add a gauge for the following pool: rETH/crvUSD
Action 1
To: Curve Gauge Controller Function: AddGauge Gauge: 0x98523f5915a9364f6F3690C7595c2fa412Ad29E4 (https://etherscan.io/address/0x98523f5915a9364f6F3690C7595c2fa412Ad29E4) Type: Ethereum Chain Weight: 0 Is official gauge? ✅Yes!✅