EYWA-crvUSD Curve Lend Gauge

Gauge Proposals
1

Summary:
This proposal seeks to add the EYWA-crvUSD lending/borrowing market to the Gauge Controller on the Curve Finance DAO. By doing so, we aim to incentivize lending and borrowing activities on Curve Lend , enhancing its utility and adoption.

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Link to Curve Lend Arbitrum Market:
https://www.curve.finance/lend/arbitrum/markets/one-way-market-21/vault/deposit/

Name AMM Contract Address on Arbitrum Gauge Address Vault Address
EYWA-crvUSD 0x8F6B1aCc74715B732d9ca947407f16cf31362df5 0xC1b06b52848fd69D4734983d923e0a0101111e21 0x747A547E48ee52491794b8eA01cd81fc5D59Ad84

Protocol Description

CrossCurve is an ecosystem that facilitates interaction between blockchains, consisting of two main components:

Consensus Bridge — a trustless bridge for tokens and data that uses the consensus of the most secure data transfer protocols in the market for transaction verification, such as Axelar, Chainlink CCIP, L0, Wormhole.

CrossCurve — an innovative cross-chain trading protocol that solves the problem of fragmented liquidity using Curve Finance liquidity pools.

CrossCurve enables the exchange of s-tokens in Curve pools on the Hubchain (now on Sonic). All liquidity in CrossCurve consists of s-tokens — collateralized synthetic assets issued by the Consensus Bridge. Each s-token is fully backed by the original asset locked in the Eywa Token Bridge on the source blockchain.

Governance

CrossCurve DAO is a democratic, transparent, and decentralized organization that makes strategic decisions, engages participants, and incentivizes their contributions.

The goal of CrossCurve DAO is to create long-term incentives for attracting sustainable cross-chain liquidity, as well as accumulating and managing the protocol’s own liquidity to ensure better conditions for cross-chain swaps in the market.

DAO governance is based on locking the EYWA governance token into veEYWA, which grants voting power. This voting power allows veEYWA holders to participate in decision-making, receive incentives, and earn income from CrossCurve protocols.

Useful Links