Curvance
  • Protocol Overview
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    • Protocol Architecture
    • Asset Types
    • Liquidity Markets
      • Borrowing
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      • Interest Rates
      • Oracles
      • Collateral Caps
      • Bad Debt Socialization
    • Application Specific Sequencing
    • Multichain Architecture
      • Multichain Gauge System
      • Multichain Vote Escrow System
    • New Age Liquidity Mining
      • Protocols
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    • How Are New Assets Integrated
    • Specialized Blockchain Integrations
    • Plugin System
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  • CVE Token
    • Token Utility
    • veCVE
      • Curvance DAO
      • Revenue Model
      • Emergency Unlock
  • Security
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  • Miscellaneous
    • RPCs and Testnet Stability
    • Glossary
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  • Multichain Vote Escrow System
  • Cross-Chain Governance and Incentive Flexibility
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  1. Protocol Overview
  2. Multichain Architecture

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.

Curvance's veCVE contracts freeze all state-changing operations (creation/compounding on locks, unlocking, combining locks, etc.) 12 hours prior and 12 hours after an epoch. If, for some reason, fees are not distributed to a chain, state change operations will remain halted until rewards are resolved, preventing double spending or loss of rewards.

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.

Each chain reports its veCVE-locked balances at the end of each epoch, allowing the Messaging Hub to calculate and distribute protocol rewards (paid in USDC) across all supported chains. Rewards on the source chain become instantly available, while rewards for other chains are bridged through the cross-messaging system. Rewards are made available in the Reward Manager on each chain.

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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Last updated 3 months ago