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OUSD - Additional Convex Strategy

Voting ended about 4 years agoSucceeded

Currently, the only Convex pool that OUSD is deployed to is Curve's 3Pool, which nets ~5% vAPR.

This proposal is to add Curve's Compound pool as an additional strategy that can be voted on in the weekly allocation vote. According to Convex Finance, this currently nets ~9.5% vAPR, and is comprised of USDC & DAI.

The TVL of the pool is $152m, and it's been around almost a year. It seems a relatively low-risk additional pool which could further improve OUSD APY.

Off-Chain Vote

For
24.03K 96.8%
Against
800 3.2%
Download mobile app to vote

Timeline

Jan 05, 2022Proposal created
Jan 05, 2022Proposal vote started
Jan 07, 2022Proposal vote ended
Oct 26, 2023Proposal updated