Gauge
Curve gaugeliquidity gauge
A Curve mechanism that directs CRV emissions to a chosen pool, with weights set by veCRV votes.
Gauges turned CRV into a meta-asset: protocols accumulate veCRV (or buy bribes via Convex / Votium) to direct emissions to their own liquidity. The same primitive has spread to Balancer (veBAL), Velodrome / Aerodrome (veVELO / veAERO), and Pendle (vePENDLE).
Related terms
- CurveThe largest stablecoin-focused AMM, optimised for low-slippage swaps between like-kind assets.
- Vote-escrow (ve-token)A token-locking model where governance power and emissions weight scale with lock duration.
- CRVThe governance + emissions token of Curve Finance, lockable for [[ve-token]] vote-escrowed governance power.
- Bribery (vote bribery)Payments to vote-escrowed token holders to direct emissions toward a chosen pool — a structural revenue stream in Curve / Balancer ecosystems.