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PIP-72 Temporarily use the treasury CVX to get bribes

Voting ended over 2 years agoFailed

Abstract

The current CVX voting power of the DAO is being unused until the resolution of the curve hack. Until then, the CVX should be used to get bribes which would get sold to USDC/ETH and added to the treasury.

Background

The curve hack forced the DAO to pause pETH. Voting on the pool is innefective rn, and the voting power would be better used getting bribes until a resolution is found.

Specification

Until a resolution to the hack is found, allow the ms to:

  • Choose which pools to vote for
  • Assign the CVX voting power of the DAO to get bribes
  • Sell the rewards and bribes to USDC

Off-Chain Vote

Yes, use the CVX to get bribes
737.17M JPEG100%
No, do nothing
0 JPEG0%
Quorum:35%
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Timeline

Aug 02, 2023Proposal created
Aug 03, 2023Proposal vote started
Aug 06, 2023Proposal vote ended
Oct 26, 2023Proposal updated