The Curve community has proposed the "Close All Elixir Gauges" initiative, aiming to cease the distribution of CRV tokens to the associated pools.

By: theblockbeats.news|2025/11/08 11:45:54
0
Share
copy

BlockBeats News, November 8th, a proposal was initiated by Curve community member LlamaRisk to "Disable All Elixir Market Gauges." The proposal argues that shutting down the gauges for relevant pools can prevent CRV emissions from flowing into the corresponding emissions pool.

The proposal notes that Elixir, the DeFi protocol behind the synthetic stablecoin deUSD (and its staking derivative sdeUSD), officially halted the minting and burning of these two tokens on November 6th to 7th, 2025. The primary reason cited was the collapse of its primary counterparty, Stream Finance.

-- Price

--

You may also like

Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other

Bitcoin hodlers are starting to nested be in each other.

Key Market Intel on March 12th, how much did you miss out on?

1. On-chain Funds: $29.7M inflow to Hyperliquid today; $30.9M outflow from Base 2. Biggest Gainers/Losers: $DRV, $LYN 3. Top News: US plans to release 172M barrels of oil to curb prices, on-chain pre-market crude oil gains narrow by 4%

The new center of Crypto

But the market is constantly evolving. By 2026, companies that can adapt to the new environment will survive, while those that continue to rely on the old script may face the fate of elimination.

Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto

People often fantasize that wealth comes from catching every new wave. Sometimes this is true. But more often, wealth comes from riding a real wave and not blindly paddling away every time the water splashes around.

Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?

Polymarket data shows that the current market is betting a 64% probability of an interest rate cut in June this year, with the probability rising to 81% for September.

After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened

The digital assets that should have been returned to the victims have quietly flowed into government treasuries, strategic reserve funds, and law enforcement agencies' operational budgets.

Popular coins

Latest Crypto News

Read more