
Votium
Other · Governance
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)
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.
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.
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.
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
- Lead developer / creator (pseudonymous)
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.
- Protocol administration / treasury
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).
Similarity to traditional finance products
How Votium maps onto established TradFi structures, and where it diverges.
| TradFi product | Similarity to Votium | Key differences |
|---|---|---|
| Corporate proxy-vote solicitation / proxy advisory | Like 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 marketplace | Protocols 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). |
Data sources
- Votium Docs — Home
- Votium Docs — How It Works (The Auction)
- Votium Docs — Why Votium
- Votium Docs — vlCVX FAQ
- Votium Docs — Risks
- Votium Docs — Multisig Admin Rights
- Votium Docs — Audits
- GitHub — oo-00/Votium (CVX Vote Delegation)
- Etherscan — Votium Multi Merkle Stash
- Curve.substack — Oct 4 2021: Rock the Votium
- Binance News — Votium Upgrades to V2 (2023-09-13)
- Votium on X — V2 announcement
- Stake DAO — Votemarket
- Paladin — Home