The Curvance platform enables other protocols to run incentive campaigns tailored to their specific objectives. By utilizing Curvance, protocols can enhance existing liquidity mining and product growth strategies while introducing new utility and maximizing yield opportunities for their users. This is accomplished by:
Optimization of DEX Liquidity Mining: The Curvance protocol optimizes DEX liquidity mining for other protocols by creating vaults that support their DEX liquidity pool tokens. These vaults natively auto-compound underlying emissions and incentives back into LP tokens. This leads to deeper, continually growing DEX liquidity for protocols and higher yields for liquidity providers on Curvance.
Multichain Incentivization: Traditional vote escrow models require protocols to lock their tokens and commit to a specific blockchain ecosystem for long periods. With the Multichain Gauge System, protocols can leverage veCVE to create a sustainable incentivization strategy that spans multiple chains and DEXs, providing enhanced flexibility and enabling cross-chain growth.
Ease of Incentivization: Protocols can seamlessly stream any whitelisted ERC-20 token through the Partner Gauge System. This includes ecosystem grants and the protocol's native token, offering a flexible approach to incentivization.
Asset Looping and Leveraging: Protocols can incentivize users to leverage their positions through one-click asset looping. This allows users to leverage basic yield-bearing assets and long-tail exotic assets, such as Decentralized Exchange LP tokens and Perpetual Exchange LP tokens, unlocking a new market of liquidity providers for protocols to capitalize on.
The Curvance protocol provides new innovations in liquidity mining infrastructure by streamlining incentive programs for protocols, token issuers, and blockchains while simplifying participation for liquidity providers and users. Traditionally, setting up secondary and tertiary incentivization layers involves complex processes and additional steps for users, leading to a measurable drop in participation and adoption. Curvance’s infrastructure delivers incentives directly while optimizing the underlying liquidity mining strategies for greater efficiency and growth. Additionally, user liquidity can be routed through multiple layers of incentivization, ensuring peak capital efficiency and maximizing yield.
Blockchains can utilize the Curvance platform to attract new users and liquidity from competing networks via the Multichain Gauge System and Multichain Vote Escrow System. Curvance enables this by improving:
Opportunity Discovery: Exclusive opportunities on chains can be highlighted by increasing visibility among Curvance users since all available strategies can be viewed on the same dashboard. This increased exposure helps chains attract interest and engagement from users across other networks, resulting in increased ecosystem participation.
Advanced Liquidity Mining Infrastructure: the multichain architecture of the protocol empowers chains to drive growth to their DeFi ecosystems by attracting users and liquidity from other networks through grants or liquidity incentivization campaigns. By integrating these campaigns through the Partner Gauge System, chains can effectively target and incentivize specific areas of growth within their ecosystem.
Strategic Ecosystem Growth: The Curvance platform offers a new approach for blockchains to drive ecosystem growth, going beyond traditional airdrops, incentive campaigns, or grants. By utilizing the Multichain Vote Escrow System, chains can acquire veCVE lock dominance by incentivizing veCVE lock holders to migrate their locks to their chain. This also exposes the chains to the biweekly rewards distributed to lockers on their chain. This strategy enables chains to achieve measurable impacts on total value locked and transaction volume, fostering long-term, sustainable ecosystem growth.