Curve DAO operates through smart contracts managed by Aragon, employing a unique time-weighted voting system where longer token locks grant greater voting power. The CRV token fuels both governance and value accrual, with its supply initially capped and subject to a decreasing inflation schedule managed by a Minter contract. Inflation rewards are distributed to users providing liquidity, measured by Gauges, and these rewards can be boosted by locking CRV for governance. Furthermore, users can direct their voting power towards specific gauges, influencing the distribution of CRV tokens to different liquidity pools, with a mechanism planned for burning collected pool fees.