While there is no minimum balance to vote, creating a new proposal requires holding 2,500 veCRV. Voting power for DAO proposals decays linearly during the last 3.5 days to prevent manipulation, whereas Gauge Weight votes generally suffer no such decay. Voting on standard DAO proposals lasts 7 days and requires a Quorum of 30% of total veCRV supply and a Minimum Support of over 51% of votes cast.
DAO proposals cover protocol parameters and ownership changes, executing automatically via smart contract through the states Active, Passed, Executable, and Executed. Separately, veCRV holders vote weekly on Gauge Weights to direct CRV emissions to specific liquidity pools, with updated weights applied automatically every Thursday at 00:00 UTC.
Security is managed by an Emergency DAO (a 5-of-9 multisig council) authorized to act instantly in crises to pause contracts or stop emissions, though they cannot access pool liquidity. Financially, the DAO manages a Community Fund subject to 1 year linear vesting, and a Treasury funded by 10% of protocol revenue which has no vesting requirements and allows for flexible use in development, audits, and grants.
Early Users (pre-CRV liquidity providers)
Season
Curve’s initial airdrop was designed to reward early liquidity providers who supported the protocol before the token launch. Eligibility and allocation amounts were calculated based on time-weighted liquidity (amount deposited × duration) between January and August 2020. These tokens were not immediately unlocked, but instead distributed through a 1 year linear vesting contract.
While there is no minimum balance to vote, creating a new proposal requires holding 2,500 veCRV. Voting power for DAO proposals decays linearly during the last 3.5 days to prevent manipulation, whereas Gauge Weight votes generally suffer no such decay. Voting on standard DAO proposals lasts 7 days and requires a Quorum of 30% of total veCRV supply and a Minimum Support of over 51% of votes cast.
DAO proposals cover protocol parameters and ownership changes, executing automatically via smart contract through the states Active, Passed, Executable, and Executed. Separately, veCRV holders vote weekly on Gauge Weights to direct CRV emissions to specific liquidity pools, with updated weights applied automatically every Thursday at 00:00 UTC.
Security is managed by an Emergency DAO (a 5-of-9 multisig council) authorized to act instantly in crises to pause contracts or stop emissions, though they cannot access pool liquidity. Financially, the DAO manages a Community Fund subject to 1 year linear vesting, and a Treasury funded by 10% of protocol revenue which has no vesting requirements and allows for flexible use in development, audits, and grants.
Early Users (pre-CRV liquidity providers)
Season
Curve’s initial airdrop was designed to reward early liquidity providers who supported the protocol before the token launch. Eligibility and allocation amounts were calculated based on time-weighted liquidity (amount deposited × duration) between January and August 2020. These tokens were not immediately unlocked, but instead distributed through a 1 year linear vesting contract.
