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Spectra DAOSpectra DAOby0x46dAEb2C4B3D16DE081f6B0F3aCf29a56Cf89A540x46dA…9A54

SGR 17: aCRV gauge listing request

Voting ended over 1 year agoSucceeded

Gauge Request Presentation:

  • Targeted Pair: LP-aCRV
  • Pool contract address: 0x20F3424fEc5194522a2621120d1EA7279161E216
  • IBT contract address: 0x2b95A1Dcc3D405535f9ed33c219ab38E8d7e0884
  • Current TVL on in the Pair’s liquidity: 10$
  • Current TVL as IBT: $1.2M
  • Chain : Ethereum mainnet

Simple summary: Curve has built a strong community engaged in DeFi from the beginning, and I believe it’s important for Spectra to have the opportunity to utilize the protocol. The asdCRV pool has demonstrated that demand for CRV is significant (4th largest pool). Convex is a leader in liquid lockers, and even a small percentage of cvxCRV through Concentrator (aCRV) would be beneficial for Spectra.

Benefit of this integration for Convex and Concentrator

  • Increase TVL of cvxCRV in Concentrator
  • Allow the convex user to have new strategies

Benefit of this integration for Spectra

  • Increase Spectra’s visibility
  • Attract new users
  • Increase TVL of the pool

Metrics:

  • cvxCRV TVL: $128m
  • aCRV TVL: $1.2m
  • Twitter followers (Convex): 55k
  • Discord server (Convex): 7.2k
  • Twitter followers (Concentrator): 6.1k
  • Discord server (Concentrator-Aladdin): 7.8k

Off-Chain Vote

Yes, create a gauge for aCRV
1.96M veAPW100%
No, do nothing
0 veAPW0%
Abstain
0 veAPW0%
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Discussion

Spectra DAOSGR 17: aCRV gauge listing request

Timeline

Sep 08, 2024Proposal created
Sep 08, 2024Proposal vote started
Sep 11, 2024Proposal vote ended
Sep 11, 2024Proposal updated