Multichain Vote Escrow System
Multichain Vote Escrow System
The Multichain Vote Escrow System is a core component of Curvance DAO governance and incentive design, enabling holders to actively participate in the protocol’s development direction and benefit from multiple revenue streams across chains. By locking CVE tokens for veCVE, users gain governance power that extends across Curvance’s multichain ecosystem.
Cross-Chain Governance and Incentive Flexibility
One of the unique features of Curvance’s multichain vote-escrow system is the ability for veCVE holders to participate in governance across chains seamlessly. Through the CVE Gauge System, veCVE holders can direct emissions and influence incentives on any supported chain, allowing for a highly flexible and powerful governance model.
Migrating Locks Across Chains: veCVE holders can migrate their locks to integrated chains, allowing them to access chain-specific incentives. This feature gives users flexibility and enhances the protocol's network reach, attracting liquidity and activity to targeted chains.
Multichain Fee Distribution: veCVE holders receive fees generated across all integrated chains, regardless of where their lock is held. This is a key innovation compared to traditional vote escrow models, which limit users to receiving fees and exercising voting power solely on the chain where their tokens are locked.
The Multichain Vote Escrow system is more than just a governance mechanism—it is a comprehensive structure for aligning user incentives, facilitating cross-chain incentives, and reinforcing Curvance’s mission of building a multichain DeFi ecosystem. By empowering veCVE holders with voting power and shared fee distributions across chains, Curvance incentivizes meaningful, long-term engagement and growth throughout its ecosystem.
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