#126 - Proposal to add DSU3CRVgauge


Proposed by Lewi from Empty Set protocol. This proposal aims to add DSU3Pool factory pool to the Gauge Controller. With this additional support of this pool, users will be able to supply gauge weight and mint DSU.


DSU is a fully collateralized stablecoin with fast scalability, censorship resistance, and trust minimized attributes. DSU is minted 1:1 against stablecoin deposits in the protocol. The stablecoin collateral is then deposited by the protocol in widely used money markets - creating a “usage layer” between the collateral and the stablecoin making all Digital Standard Units truly fungible.

In the event that the token holder would like to redeem their DSU at any point, they could do so through the same mechanism - retrieving the underlying asset(s) from the reserve and burning the DSU token in the process


DSU is a risk minimised alternative to the plethora of existing stablecoins. While most are centralised or rely on complex systems to maintain peg: DSU’s dependency minimised, fully backed design presents a lower risk avenue for users to risk-off in stable assets. With that in mind, DSU is currently being integrated across DeFi platforms and on various L2 solutions.

The addition of DSU to the Curve’s gauge program will provide a risk-minimised pool to the Curve platform and help grandfather our previously operational v2 pool. .


You can find documentation around DSU and the V2 of Empty Set as a whole in the documentation. To check out the codebase go here.

This curve pool has been configured with an A value of 200 as the token is fully-redeemable for the underlying asset at any time. You can demo this at the dApp here. The redeemability helps with a tight peg as the token allows for easy arbitrage.

DSU + 3CRV Metapool: https://etherscan.io/address/0xf0C081020B9d06EB1b33e357767c00Ccc138bE7c


DSU3POOL should have a gauge that can earn CRV


DSU3Pool should not have a gauge


Vote live here

It’s pretty remarkable that anyone thought the Empty Set name was worth sticking with.

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The reserve contract which holds funds to back DSU, is not verified on etherscan.

Will get that verified asap. Thanks for bringing it up

Verified! See here