Following this discussion: [Discussion] Incentive for providing on-chain CRV liquidity
This proposal aims to increase on-chain liquidity for CRV and use cases of veCRV by creating a new gauge that rewards Uniswap LPs (CRV:ETH).
Creating a new gauge means governance participants would then be able to allocate their voting power to it which would then reward stakers with CRV. The gauge would be introduced at 0 allocation.
The gauge would have a 50% admin fee on Uniswap profits which means 50% of profits would be collected by the DAO and distributed to veCRV holders on withdrawal. If there were no profits, the withdrawal fee will be free.
Improve on chain liquidity for CRV (will be useful when admin fees start to be converted to CRV)
Best to wait for Curve Crypto Pools// there is no need for this