Votium

Other · Governance

NetworkOtherGovernanceBribe-Marketplace0 coinsVerified

Votium is a bribe marketplace where protocols pay to influence Convex voters' veCRV allocations toward specific Curve gauges. It routes bribes to vlCVX holders who vote on emissions — no standalone governance token.

Curve veCRV bribe marketplace for liquidity incentives.

Protocol TVL

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Research

Components, facts, FAQ, timeline, and tokenomics in one place

Main components (4)

1

Incentive Auction (VotiumBribe / Deposit contract)

The marketplace where incentive buyers (protocols) deposit whitelisted ERC20 tokens to reward voters who direct Convex vlCVX (and Curve veCRV) gauge votes toward a chosen pool. Buyers select a payment token, amount, target pool, and (for Curve) which of the next 6 weekly votes to incentivise, and can top up the incentive until the round closes.

2

Snapshot Delegation

vlCVX holders delegate their Convex voting power to Votium (votium.eth) once via Snapshot's Gnosis Delegate Registry. Delegation is non-custodial and persists across CVX lock/unlock/buy/sell; Votium then votes delegated power to capture the highest-value incentives each round. veCRV voting rights cannot currently be delegated.

3

Multi Merkle Stash (MerkleDistributor)

An updateable Merkle-airdrop distributor contract (of the type used by Sushi and others) that distributes collected incentives to eligible voters. After a round ends the multisig posts a Merkle root; users claim their share (or let it accrue across rounds to save gas). Deployed on Ethereum at 0x378ba9b73309be80bf4c2c027aad799766a7ed5a.

4

Multisig Admin

A team multisig controls all fund-touching functions across the contracts (VotiumBribe.sol, MerkleDistributor.sol, VotiumVeCRV.sol): setting the maintenance fee (hard-capped at 4%), fee recipient, team permissions, token whitelist, updating Merkle roots, and pausing/resuming claims.

Differentiator

The primary off-chain coordination layer for Curve bribes via Convex voters — rent liquidity by paying vlCVX holders directly.

Organizational structure

Units & roles

  • oo-00

    Pseudonymous developer under whose GitHub account (oo-00/Votium) the Votium 'CVX Vote Delegation' Solidity contracts are published. Votium is a community/fair-launched project with no disclosed corporate entity or venture backers.

    Lead developer / creator (pseudonymous)
  • Votium Multisig

    Team-controlled multisig that administers all fund-affecting contract functions (fee level up to the 4% cap, fee recipient, team permissions, token whitelist, Merkle-root updates, pausing claims).

    Protocol administration / treasury

Similarity to traditional finance products

How Votium maps onto established TradFi structures, and where it diverges.

TradFi productSimilarity to VotiumKey differences
Corporate proxy-vote solicitation / proxy advisoryLike a proxy solicitor gathering shareholder votes for a corporate resolution, Votium aggregates delegated voting power (vlCVX) and directs it in shareholder-style gauge votes on behalf of many small holders who would otherwise not vote.Votium voters are explicitly paid ('incentivised') by the parties seeking their votes, distribution is on-chain and permissionless, there is no fiduciary/regulatory framework, and the votes govern emission subsidies rather than corporate control.
Political lobbying / campaign contributions marketplaceProtocols openly pay to influence how a governance body allocates a shared resource (Curve token emissions), analogous to lobbying spend directed at influencing an appropriations decision.Payments are transparent, on-chain, auction-priced per vote, and flow directly to the voters rather than to intermediaries or officials; the 'policy' being bought is purely economic (which liquidity pool gets more CRV rewards).
Research agent