The Curve community initiated a proposal to "shut down all Elixir market Gauges," aiming to stop releasing CRV tokens to the relevant pool

The Curve community LlamaRisk has initiated a proposal to "Disable All Elixir Market Gauges." The proposal states that shutting down the gauges of the relevant pools can prevent CRV emission logistics from flowing into the corresponding emission pools.

The proposal points out that the DeFi protocol Elixir, which underpins the synthetic stablecoin deUSD (and its staked derivative sdeUSD), officially ceased the issuance and cancellation of these two tokens from November 6 to 7, 2025. The main reason is the collapse of its primary counterparty, Stream Finance.