Curve Community Launches Proposal to "Close All Elixir Market Gauges" to Stop Releasing CRV Tokens to Related Pools
2025-11-08 03:16:22
On November 8th, the Curve community Llama Risk launched a proposal to "disable all Elixir market Gauges". The proposal states that closing the gauges of the relevant pool can prevent CRV emissions from flowing into the corresponding discharge pool. The proposal states that Elixir, the DeFi protocol behind the synthetic stablecoin deUSD (and its pledged derivative sdeUSD), has officially stopped issuing and canceling these two tokens on November 6-7, 2025. The main reason is the collapse of its main counterparty Stream Finance.
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