Kill Gauge on Pools Containing EURA

Gauge Proposals
1

Summary

Kill the gauges for the pools containing Angle stablecoins

Abstract

Killing pool gauges will stop CRV emissions going to the respective Angle pools. It is done by calling set_killed() to the gauge contract and otherwise the pools are unaffected.

Motivation

Announcement Post

https://x.com/pablo_veyrat/status/2024789260054692114?s=20

Angle is winding down EURA(formerly agEUR) and USDA so all pools containing these assets will be deprecated.
EURA 0x1a7e4e63778B4f12a199C062f3eFdD288afCBce8

Killing the gauge:

  • Prevents new users from being incentivized into a deprecated asset
  • Reduces systemic exposure within the Curve ecosystem
  • Aligns with prior DAO risk-management actions

This is a protective risk-management action for the Curve ecosystem. The Curve frontend already displays warnings for these pools.

Specification

Kill the following gauges:

  • agEUR/EUROC
    0xf9f46ef781b9c7b76e8b505226d5e0e0e7fe2f04
  • agEUR/EURe
    0xb87ec044152c49e52f7c429b2b9dbacb7ea8fb15
  • Euro Pool
    0x9f57569eaa61d427deeebac8d9546a745160391c
  • agEUR/FRAXBP
    0xf74175ace638e612a0a3b09e6be89795ff48e06d

The gauge will cease emitting CRV, and the pool will no longer receive incentives.

2

See vote actions below which also includes gauge kill on a deprecated iBTC pool on Arbitrum and pools containing ANGLE which is also deprecated.

OWNER_PROXY = "0x017dB2B92233018973902858B31269Ed071E1D39"
EURA_OWNER = "0x742C3cF9Af45f91B109a81EfEaf11535ECDe9571"
FRAX_OWNER = "0x5a8fdC979ba9b6179916404414F7BA4D8B77C8A1"


ACTIONS = [
    # iBTC kill on Arbitrum
    (OWNER_PROXY, 'set_killed', '0x02b8e750e68cb648db2c2ac4bbb47a10a5c12588', True),

    # agEUR/EUROC kill 
    (EURA_OWNER, 'set_killed', '0xf9f46ef781b9c7b76e8b505226d5e0e0e7fe2f04', True),

    # agEUR/EURe kill 
    (EURA_OWNER, 'set_killed', '0xb87ec044152c49e52f7c429b2b9dbacb7ea8fb15', True),

    # Euro Pool kill 
    (EURA_OWNER, 'set_killed', '0x9f57569eaa61d427deeebac8d9546a745160391c', True),

     # agEUR/VEUR kill 
    (EURA_OWNER, 'set_killed', '0x0f83875a00a52898dA26eEF0bca2b8a21541CfAb', True),
    
    # agEUR/FRAXBP kill 
    (FRAX_OWNER, 'set_killed', '0xf74175ace638e612a0a3b09e6be89795ff48e06d', True),

    # ANGLE/sdANGLE kill
    (EURA_OWNER, 'set_killed', '0x03fFC218C7A9306D21193565CbDc4378952faA8c', True),

    # ANGLE/sdANGLE 2 kill
    (EURA_OWNER, 'set_killed', '0x5fDdB41cF566F6305293B2c9ad0fAf70dEAF7992', True),

]

Vote is live here:

1 Like