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Voting

$veFUS holders decide which liquidity pools receive emissions in a given epoch by voting on their preferred liquidity pool gauges. $FUS emissions will be distributed proportionally to the total votes a liquidity pool receives.

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

Voting for gauges, or in fact any action related to the $veFUS NFT is allowed only once per epoch. This means that calling Voter.vote() (used to cast the votes for the current epoch in order to direct emissions and earn bribes) or Voter.reset() (used for resetting an NFT vote state and usually required before transfering or merging it into another $veFUS NFT) counts as an action for the current epoch.

While limiting the protocol participants to one action per epoch is not ideal, it does make the protocol safer against potential exploitative behaviour.

Unused veFUS voting power is still taken into account as we calculate the weight of the vote upon epoch flip and based on the locked vesting slope.

Please make sure you always cast 100% of your voting power to avoid unexpected outcomes!

Voting Mechanics​

Epoch System​

  • Duration: 1 week epochs
  • Reset: Weekly on TBA at 00:00 UTC
  • Voting Window: Entire epoch duration

Vote Weight Calculation​

Vote weight is determined by:

  • Amount Locked: More FUS locked = more voting power
  • Lock Duration: Longer locks = higher multiplier
  • Time Remaining: Voting power decreases linearly over time

Gauge Types​

  • Liquidity Pool Gauges: Direct emissions to AMM pools
  • External Gauges: Support external protocols and partnerships