Votium is a rewards management protocol and "bribes" marketplace where DeFi projects offer rewards to governance token holders. In exchange for receiving bribes, users vote in favor of the projects' proposals.
Votium is a bribe platform for vlCVX and veCRV holders who lock their tokens to receive voting power and direct protocol emissions on the Curve platform. Users can delegate their voting power to Votium to choose the best incentives on every proposal. This incurs no risk to user funds as Votium does not retain custody of the underlying vlCVX and veCRV. It is currently not possible to delegate veCRV voting rights. Convex delegators who wish for Votium to vote for them only need to delegate their votes once and will be covered for all future bribes. Users can always choose to vote manually despite delegating their voting power. When a new Convex Snapshot proposal starts, it will be listed on Votium to receive incentives. Protocols will select the token they wish to use to bribe, the amount to pay, and which pool will receive the bribe when voted for by users. This incentive can be continuously increased until the proposal is over. Votium then votes on behalf of their delegators and the bribes are distributed among voters.
Votium currently does not have its own protocol token. The protocol collects 4% of the vlCVX bribes and 2% of the veCRV bribes earned through Votium as maintenance fees.
You earn bribe revenue by delegating your vlCVX voting power to Votium to vote on your behalf. You can also manually vote for your desired pools on Votium to earn specific protocol rewards.