The Curve community, through LlamaRisk, has proposed disabling all Elixir market gauges to halt the distribution of CRV tokens to associated pools. This move follows the shutdown of Elixir's synthetic stablecoin deUSD and its staking derivative sdeUSD, which ceased issuance and cancellation between November 6 and 7, 2025. The decision was driven by the collapse of Elixir's main counterparty, Stream Finance, prompting the community to take action to mitigate further risks.
Curve Community Proposes Disabling Elixir Market Gauges After deUSD Shutdown
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
