Start harvesting the EUR (eursCRV) strategy
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
voteraddress
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!
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x4D14...394EF7 | 6,714 | Yes - start harvesting |
 0x44D1...620C4e | 5,547 | Yes - start harvesting |
 0x72ea...224b4A | 4,135 | No - do not start harvesting |
 0x20f9...019887 | 2,000 | Yes - start harvesting |
 0x8976...64754d | 1,467 | Yes - start harvesting |
VOTE POWER
Proposal Status
- Sun January 31 2021, 11:00 amVoting Period Starts
- Tue February 02 2021, 04:00 amEnd Voting Period
Current Results
1-Yes - start harvesting
22,954.254
2-No - do not start harvesting
5,046.993