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The Curve community has initiated a proposal to "Close all Elixir Market Gauges," intending to stop releasing CRV tokens to the related pools.
BlockBeats News, November 8th, the Curve community LlamaRisk proposed a “Disable All Elixir Market Gauges” initiative. The proposal states that disabling gauges for the relevant pools can prevent CRV emissions from flowing into the corresponding emission pools. The proposal points out that the DeFi protocol Elixir behind the synthetic stablecoin deUSD (and its staked derivative sdeUSD) officially ceased issuing and redeeming these two tokens from November 6th to 7th, 2025. The main reason is the collapse of its primary trading partner, Stream Finance.