Author: LS00

Resources: docs.votium.app, convexfinance.com, Convex Docs & Blog

ELI5

Votium is an incentive platform for the Convex ecosystem that enables CVX token holders to get all their rewards for their valuable voting power in an easy and unified way.

Overview

CVX token holders are regularly (every 2 weeks) incentivised to direct their veCRV voting power towards 1 or more liquidity pools (gauge weight voting).  By directing their veCRV voting power those pools receive rewards from curve.fi.  Protocols who would like greater CRV rewards incentivise CVX holders to direct their voting power to their liquidity pools via “bribes”.  CVX holders can actively manage their voting power by every 2 weeks voting on snapshot for the pools that provide them the best bribes.  They can then claim their rewards on the Votium Protocol.  Or, if they do not want to actively manage their voting delegation, CVX holders can delegate their voting power to Votium who vote on their behalf every 2 weeks ensuring rewards are regularly accrued.  By delegating to Votium CVX holders also continue to receive all rewards from staking on Convex + bribe rewards for voting.

What Votium solves for

Many benefits are available to CVX token holders and stakers due to their influence on the Curve gauge rewards. Votium simplifies the process of receiving these rewards.

How to use Votium

  1. Delegate your CVX to Votium and start earning based on your share out of the total voting power.

  2. Vote fortnighty on convex.finance snapshot for the gauge rewards and claim rewards on Votium

Team

@Rabas (Discord)

@TommyGenesis (Discord)

Socials/Links