CIP#XX: Whitelist Curve VolumeGauge


We propose adding a new gauge called Curve VolumeGauge to track Liquidity Provider (LP) rewards that Curve will distribute to the Curve VolumeGauge contract instead of the Liquidity Provider. With this new approach to LP rewards, we hope to encourage further development of trading routes to the Curve pools and to also grow Curve trading volumes.


Curve VolumeGauge is a set of Vyper contracts that allow anyone to trade on Curve, but tracks the CRV LP rewards and receives the rewards to the contract instead of the sender. The goal of this proposal is to whitelist these proxy contracts so that anyone who creates trading interfaces to Curve that will receive the LP rewards for delivering the additional exchange trading volume.


Curve currently only rewards Liquidity Provider (LP) accounts that trade on Curve. This limits the ability for 3rd parties to build trading interfaces on Curve that will reward them as affiliates. Affiliates need to be incentivized to direct trading volume to Curve pools. We believe there’s an opportunity to grow the affiliate exchange volume to Curve pools with the Curve VolumeGauge.

The Curve VolumeGauge will allow Curve to track LP rewards and direct them to the trading interface owners that drive exchange volume. The marginal revenue from interface volume will allow 3rd parties to build and acquire more trading volume that they can point to Curve. More trading volume on Curve will help all Curve pool liquidity and will also help create more demand for Curve tokens.

We are motivated by the opportunity to collect a portion of the LP fees for providing this service to Curve trading partners. If we are able to successfully collect some portion of the LP fees, we would be incentivized to acquire more partners that will leverage our contracts to drive exchange volume to Curve pools. We see this as a positive feedback loop for Curve.



  • Directing rewards to 3rd parties that drive volume is very typical affiliate marketing activities common in financial markets.

  • Enabling anyone to develop interfaces that are compensated by Curve rewards for successful trades

  • Desire for greater Curve trading volume and demand for CRV

The value of CRV rewards are either low and will be phased out such that these types of incentives will not be useful by 3rd party trading partners.


Post a link to your proposal if it’s already been created

The 3rd party incentive is a better exchange rate than others. The reason it can do this is because of the amount of liquidity which in turn is driven in part by CRV rewards.

If 3rd parties are avoiding integrating Curve it is because of 1 of 2 reasons:

  1. There is a better/deeper exchange somewhere else with better rates.
  2. They are routing trades through whatever earns the platform the most, not the trader.

If someone avoids integrating the best exchange because there is no incentive, someone else will…