Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Curve community risk control team LlamaRisk has proposed a suggestion to "disable all Gauges in the Elixir market."

robot
Abstract generation in progress

Deep Tide TechFlow News, November 8th, the Curve community risk management team LlamaRisk proposed a suggestion to “disable all Gauges in the Elixir markets” to stop CRV emissions flowing into related pools. The proposal states that the DeFi protocol Elixir behind the synthetic stablecoin deUSD and its staking derivative sdeUSD officially ceased issuance and decommissioned both tokens from November 6th to 7th, 2025, mainly due to the collapse of its core counterparty Stream Finance, resulting in approximately $93 million in losses.

The related proposal has been initiated to terminate all nine liquidity pools associated with Elixir markets, including frxUSD/deUSD, deUSD/USDC, etc., by calling set_killed() to stop CRV incentive distribution for these pools.

CRV8.24%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)