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Stake DAOStake DAOby0xF4fD07eB3Dbd55C12FB75D0EBf5F6A2888f418410xF4fD…1841

SDIR-16 | Add the EUROC3CRV strategy to SDT GAUGE

Voting ended over 3 years agoSucceeded

Summary:

Propose to add the EUROC3CRV strategy to to SDT gauge to boost the strategy’s APR with SDT.

Rationale:

Euro Coin (EUROC) is issued by Circle under the same full-reserve model as USD Coin (USDC), a trusted dollar digital currency with more than $55 billion in circulation. Designed for stability, Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it’s always redeemable 1:1 for euros.

The strategy is new to Curve and is currently underused against others where SDT can be accumulated for veSDT power. Adding SDT incentives is the natural step to align long term Stake DAO community members and boost DAO earnings over time.

Means:

Human resources: Minimal developer time needed Treasury resources: No treasury resources needed

Technical Implementation:

Add gauge for: EUROC3CRV

Off-Chain Vote

Yes, add the strategy
42.98K veSDT100%
No, don't add the strategy
0 veSDT0%
Abstain
0 veSDT0%
Download mobile app to vote

Discussion

Stake DAOSDIR-16 | Add the EUROC3CRV strategy to SDT GAUGE

Timeline

Aug 10, 2022Proposal created
Aug 10, 2022Proposal vote started
Aug 13, 2022Proposal vote ended
Oct 26, 2023Proposal updated