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Stake DAOStake DAOby0xca4aD39F872E89Ef23eABd5716363Fc22513E147deepcryptodive.eth

Start harvesting the EUR (eursCRV) strategy

Voting ended about 5 years agoSucceeded

Currently, the 'Passive EUR Strategy' holds close to €13M in eursCRV tokens. Although these funds have recently been successfully deposited in the Curve EURS Gauge, the current strategy is not actively harvesting the accumulated rewards.

This means the vault is not auto-compounding returns, and its APY will remain 0% until this happens.

Proposal: call harvest() from the governance address on the current StrategyCurveEursCrvVoterProxy strategy (0xc8a753B38978aDD5bD26A5D1290Abc6f9f2c4f99)

This will:

  • claim all accumulated CRV and SNX in the Curve EURS Gauge
  • sell 90% of claimed CRV for more eursCRV tokens
  • sell 100% of claimed SNX for more eursCRV tokens
  • send 10% of claimed CRV tokens to the voter address

A simulation shows this would result in an additional ~€48.5k worth of eursCRV tokens, and ~2750 CRV (to be used in the future to boost the earnings) when calling harvest right now. And earn an additional €12.5k worth of eursCRV each day.

tl;dr Time to activate the strategy and increase APY!

Off-Chain Vote

Yes - start harvesting
22.95K 82%
No - do not start harvesting
5.05K 18%
Download mobile app to vote

Timeline

Jan 31, 2021Proposal created
Jan 31, 2021Proposal vote started
Feb 02, 2021Proposal vote ended
Aug 22, 2025Proposal updated