# Proposal to remove UST pool gauges

**URL:** <http://gov.curve.finance/t/proposal-to-remove-ust-pool-gauges/3939>\
**Category:** Proposals\
**Created:** [May 18, 2022, 3:00pm UTC](http://gov.curve.finance/t/proposal-to-remove-ust-pool-gauges/3939 "2022-05-18T15:00:39Z")\
**Posts on this page:** 3\
**Page:** 1

<div class="post-metadata">

**Author:** ![knows](http://gov.curve.finance/user_avatar/gov.curve.finance/knows/32/897_2.png) [@knows](http://gov.curve.finance/u/knows)\
**Post date:** [May 18, 2022, 3:00pm UTC](http://gov.curve.finance/t/proposal-to-remove-ust-pool-gauges/3939/1 "2022-05-18T15:00:40Z")

</div>

**Motivation** :

> Due to the current circumstances, i.e., UST trading 90% off-peg and Terra ecosystem having approx. $9B in bad debts, there is currently no prospect of a sustainable recovery of the peg. Furthermore it is yet unclear as to how **exactly** weaknesses were exploited and if these vulnerability vectors will persist even in the case of a successful bailout. Meanwhile, the possibility of pools receiving CRV emissions creates two problems.
> 
> 1.) Pools could be bribed solely with the intent of attracting exit liquidity for UST \> Soft-rugging new LPs
> 
> 2.) Empty pools could be occupied by entities seeking to extract value from the Curve DAO through CRV emissions. By constantly voting or bribing for the pool, the LP would only farm CRV and not provide any value to the DAO in the form of liquidity and volume. Under normal circumstances this wouldn’t be an issue as other LPs would deposit liquidity and dilute the CRV emissions. However, because UST trades off-peg, this would allow the “malicious entity” to deposit liquidity with an uneven distribution. This would prevent other LPs from entering the pool due to high slippage and/or provision of (UST) exit liquidity for the “malicious entity”.

> For the reasons above, we don’t think UST pools should be incentivized by CRV anymore as it would create a negative loop for CRV.

**Specification** :

> **List of pools & gauges**
> 
> Mainnet:  
> [Wormhole v2 UST-3Pool](https://curve.fi/factory/53)  
> [Liquidity gauge](https://etherscan.io/address/0xb0f5d00e5916c8b8981e99191A1458704B587b2b)
> 
> [MIM-UST](https://curve.fi/factory/48)  
> [Liquidity gauge](https://etherscan.io/address/0xB518f5e3242393d4eC792BD3f44946A3b98d0E48)
> 
> [4pool](https://curve.fi/4pool)  
> [Liquidity gauge](https://etherscan.io/address/0x34883134A39B206A451c2D3B0E7Cac44BE4D9181)
> 
> [UST+3Crv](https://curve.fi/ust)  
> [Liquidity gauge](https://etherscan.io/address/0x3b7020743bc2a4ca9eaf9d0722d42e20d6935855)

> Arbitrum:  
> [4pool](https://arbitrum.curve.fi/factory/26)  
> [Liquidity gauge](https://arbiscan.io/address/0x94A5E05D66834c6C6961E199D34dA576679fC187)

> Avalanche:  
> [4pool](https://avax.curve.fi/factory/63)  
> [Liquidity gauge](https://snowtrace.io/address/0xA87DA32aC906737CbbAf09f11d709E5DF3fB0497)
> 
> [3pool UST+USDC+USDt](https://avax.curve.fi/factory/55)  
> [Liquidity gauge](https://snowtrace.io/address/0x1AEAA1b998307217D62E9eeFb6407B10598eF3b8)
> 
> [USDC.e-UST](https://avax.curve.fi/factory/35)  
> [Liquidity gauge](https://snowtrace.io/address/0x0ae54a54d301e97a406691b8d97f0fb66edbce70)

> Fantom:  
> [4pool](https://ftm.curve.fi/factory/84)  
> [Liquidity gauge](https://ftmscan.com/address/0xd0698b2E41C42bcE42B51f977F962Fd127cF82eA)
> 
> [fantom-f-UST 3pool](https://ftmscan.com/address/0x7c79acc9aef46e4d55bd05d06c24e79c35183241)  
> [Liquidity gauge](https://ftmscan.com/address/0x9562c4D2E06aAf85efC5367Fb4544ECeB788465E)

> Optimism:  
> [4pool](https://optimism.curve.fi/factory/1)  
> [Liquidity gauge](https://optimistic.etherscan.io/address/0xF4eA7617E7999710244e2eAbfC8730d35482EE76)

> Vote specs: `set_killed(true)`

**Poll:**

**Remove all UST pool gauges**

_Poll ([view on site](http://gov.curve.finance/t/proposal-to-remove-ust-pool-gauges/3939/1))_

(Vote below only if you selected the third option - Max 10/11 votes)

_Poll ([view on site](http://gov.curve.finance/t/proposal-to-remove-ust-pool-gauges/3939/1))_

**Vote:**

> # [Curve](https://dao.curve.fi/vote/ownership/184)

> # [Convex Snapshot](https://vote.convexfinance.com/#/proposal/QmRHZqYDyfP1mNeYELzVEA6S6aP3Sacr9WVn8hgsr4Pt3i)

---

<div class="post-metadata">

**Author:** ![huzhensheng](http://gov.curve.finance/user_avatar/gov.curve.finance/huzhensheng/32/486_2.png) [@huzhensheng](http://gov.curve.finance/u/huzhensheng)\
**Post date:** [May 18, 2022, 4:08pm UTC](http://gov.curve.finance/t/proposal-to-remove-ust-pool-gauges/3939/2 "2022-05-18T16:08:43Z")

</div>

asap do not need discuss

---

<div class="post-metadata">

**Author:** ![skellet0r](http://gov.curve.finance/user_avatar/gov.curve.finance/skellet0r/32/767_2.png) [@skellet0r](http://gov.curve.finance/u/skellet0r)\
**Post date:** [May 18, 2022, 9:22pm UTC](http://gov.curve.finance/t/proposal-to-remove-ust-pool-gauges/3939/3 "2022-05-18T21:22:34Z")

</div>

Vote is live: [https://dao.curve.fi/vote/ownership/184](https://dao.curve.fi/vote/ownership/184)