Voting and Incentives

Providing incentives is usually done by protocols. Providing an incentive means you will not be able to withdraw it. If you want to earn incentives you must lock TKN into veTKN and cast votes for the pool(s) you wish to earn the incentive(s) from. If you are unsure please ask in the Discord before proceeding.

veTKN holders can decide on which liquidity pools receive emissions in a given epoch by voting on their preferred liquidity pool gauges. TKN emissions are distributed proportionally to the total votes a liquidity pool receives.

In return, voters receive 100% of the trading fees and incentives collected through the liquidity pool they vote for.

For most veTKN holders, the main objective would be voting on the pool capable of netting them the highest return.

Gauge Voting

Each epoch lasts for 7 days, after which all incentives and trading fees are distributed as a lump sum to voters. You earn only from the gauges (pools) you have voted for.

  • Trading fees (from the previous epoch) and incentives are claimable as a lump sum after the Epoch comes to a close from your Dashboard.

  • Votes must be made every week, and will not carry over from the previous epoch.

Protocol Incentives

Protocols aiming to build up liquidity for their tokens may incentivize pools to attract a greater share of veTKN votes. Incentivizing a pool can increase the amount of votes on a gauges pool as:

Incentivizing a pool -> More votes -> More TKN emissions to the pools gauge -> More liquidity.

Claiming Voting Rewards

Voting Rewards are claimable after the Epoch has ended (n+1).

Voting Rewards claim timeline:

  • A new epoch starts Thursday (00:00 UTC).

  • Incentives are deposited at any point in the Epoch.

  • Voters vote for their preferred pools.

  • Once the epoch ends (every Thursday), users are able to claim voting rewards from the Dashboard.

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