[Curve] Ownership DAO Vote ID: 1275

Quorum: 5.80m CVX

[stableswap] Set new fee of 0x2C7C98A3b1582D83c43987202aEFf638312478aE (USDS/stUSDS) from 1000000 (or 1.0 bps or 0.01%) to 10000000 (or 10.0 bps 0.1%) and offpeg_fee_multiplier from 70000000000 (or 7.0) to 50000000000 (or 5.0); note that this is not a 'reduction' in offpeg fee multiplier, because the limit of the offpeg fee multiplier is dependent on the base fee -> if the base fee is 1 bps, the max offpeg fee multiplier is 50 (and the current chosen value is 7 with a max of 50), whereas if the base fee is 10 bps, the max is 5 and we choose 5 because we want to max out the offpeg fee multiplier to ensure volatility is adquately compensated. The current fee for this pair does not represent a value that intuitively covers or compensates risks for LPs (incentives or not). more here: https://gov.curve.finance/t/adjustment-of-stusds-usds-curve-pool-fee-to-100-basis-points/10941

Action 1

To: Unknown 0x2C7C98A3b1582D83c43987202aEFf638312478aE (https://etherscan.io/address/0x2C7C98A3b1582D83c43987202aEFf638312478aE) Calldata: 0x015c283800000000000000000000000000000000000000000000000000000000009896800000000000000000000000000000000000000000000000000000000ba43b7400