Voting and Gauge Weights

The Curve system allows veCRV holders to vote how CRV inflation is distributed by assigning weights to each pool's "gauge".

As a holder of veCRV, Convex Finance can participate in these voting procedures, and these voting rights are passed to vote locked CVX holders.

Voting Rules and Information:

Voting will be done via Snapshot. Curve ownership governance votes have a quorum of 20% while Curve parameter governance votes have a quorum of 10%; gauge weight votes don't have a quorum.

Individual CVX holders may spread their votes among multiple pools in gauge weight votes. Each gauge will have a hard cap of 30% of Convex's veCRV assigned to it. Overflow will be distributed to other pools in proportion to their vote weight. Each gauge must receive at least 0.5% of the votes before weight is assigned. CRV paired gauges will have a hard cap of 10%. All non-Ethereum gauge weight will have a combined total cap of 10%. Overflow will be distributed to other pools in proportion to their vote weight.