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

2025-11-08 03:34:38

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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.

CRV0,42%

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