SDIR-16 | Add the EUROC3CRV strategy to SDT GAUGE
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
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x1A16...6a4D1E | 19,398 | Yes, add the strategy |
 0xb957...d8a403 | 7,940 | Yes, add the strategy |
 0x83fE...9A3d45 | 4,974 | Yes, add the strategy |
 0x54c9...7582AF | 4,895 | Yes, add the strategy |
 0x766C...15619A | 2,209 | Yes, add the strategy |
VOTE POWER
Proposal Status
- Wed August 10 2022, 02:49 pmVoting Period Starts
- Sat August 13 2022, 08:00 amEnd Voting Period
Current Results
1-Yes, add the strategy
42,978.486