veCURED

Understanding veCURED

veCURED (vote-escrowed CURED) is the governance token within the Cured ecosystem. Users acquire veCURED by staking Balancer 80/20 CURED-ETH LP tokens, which grants governance power and additional rewards. The veTokenomics model aligns incentives for long-term participation and decentralization.

Key Features of veCURED:

  • Governance Power: Holding veCURED enables users to participate in governance decisions, including liquidity incentives and system upgrades.

  • Agent Wars Voting Influence: veCURED holders determine the allocation of rewards to liquidity gauges.

  • Bribe System: Projects can offer bribes to veCURED holders to attract liquidity to their gauges.

  • Bribe Revenue Sharing: All bribes collected for a given AI Agent are distributed among veCURED holders who voted for that agent, based on their voting shares during the epoch. This model rewards active governance and aligns incentives precisely.

  • Passive Income: 50% of the deposit fees collected through gauges are directed to the DAO treasury and distributed to veCURED holders as passive income.

  • Time-Based Staking: The longer a user locks their Balancer 80/20 CURED-ETH LP tokens, the more veCURED they receive, incentivizing long-term commitment, more yield from the veCURED staking pool, and increased voting power.

  • Dynamic Incentive Distribution: Rewards adjust based on governance votes, ensuring sustainable incentives.

How veCURED Holders Earn Through Voting

Holding veCURED grants not only governance rights, but also access to direct economic rewards. By voting on Agent Gauges, veCURED holders become eligible to receive a portion of the bribes offered by those agents.

Each gauge receives bribes intended to attract veCURED votes. When a user votes for an agent, they earn a proportional share of that agent’s bribes, calculated based on the voting shares they contributed relative to the total votes that agent received during the epoch.

This mechanism creates a passive earning opportunity for veCURED holders who participate actively in governance, aligning voting power with incentives and strengthening the overall network.

veCURED & Agent Wars Governance

One of the most critical aspects of veCURED is its role in Agent Wars, where holders actively shape the allocation of rewards and liquidity incentives.

  1. Voting Power in Agent Wars:

    • veCURED holders vote on liquidity incentives that direct rewards to specific AI Agent gauges.

    • Votes determine which AI Agents receive funding, increasing competition and efficiency.

    • More veCURED = higher voting power in deciding where more incentives will be allocated.

  2. Bribe-Driven Governance:

    • AI projects can offer bribes to veCURED holders, incentivizing them to direct votes to their gauges.

    • Bribes increase veCURED holders’ potential rewards, fostering dynamic competition among AI Agents.

    • All bribes collected for a given AI Agent are distributed among veCURED holders who voted for that agent, based on their voting shares during the epoch. This model rewards active governance and aligns incentives precisely.

  3. Decentralized Decision-Making:

    • Instead of centralized token distributions, Agent Wars ensures that veCURED holders decide where capital flows.

    • This democratizes liquidity incentives, preventing centralized control over AI liquidity funding.

  4. Epoch-Based Reward Cycles:

    • Agent Wars runs in epochs, allowing veCURED holders to reassess and reallocate their votes regularly.

    • Each epoch has a 1-week duration.

    • This ensures constant competition and fluid allocation of liquidity to high-performing AI Agents.

  5. Voting Period:

    • Each voting phase lasts 48 hours.

    • Top 3 Gauges Rewards Boost:

      • 1st Place: Gauge multiplier increased to 10x.

      • 2nd Place: Gauge multiplier increased to 5x.

      • 3rd Place: Gauge multiplier increased to 3x.

      • These top 3 gauges receive enhanced $CURED incentives and are highlighted on the platform, increasing both visibility and participation.

This structure ensures long-term commitment, decentralized decision-making, and sustainable liquidity incentives for the Cured ecosystem.

How to Obtain veCURED

  1. Stake Balancer 80/20 CURED-ETH LP tokens into the veCURED contract.

  2. Choose a Lock Period (longer locks yield higher veCURED balances).

  3. Receive veCURED, which grants governance, yield, and reward distribution power.

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