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The Curve community initiated a proposal to "close all Elixir market Gauges," aiming to stop releasing CRV tokens to related pools.
On November 8, the Curve community's LlamaRisk proposed to “disable all Elixir market Gauges.” The proposal states that shutting down the gauges of the relevant pools can prevent CRV emissions from flowing into the corresponding emission pools. The proposal points out that the DeFi protocol Elixir, which backs the synthetic stablecoin deUSD (and its staked derivative sdeUSD), officially ceased issuance and cancellation of these two tokens from November 6 to 7, 2025. The main reason is the collapse of its main counterparty, Stream Finance.