Gauges Voting
What is a Gauge?
A Gauge in the Sunrise ecosystem is a mechanism that governs the issuance of vRISE
tokens. Currently, the primary gauge product is the Liquidity Pool system.
vRISE
holders can vote to determine the allocation of newly minted vRISE
tokens across different gauges. Liquidity pools that attract more voting power will receive a larger share of newly issued vRISE tokens, creating an incentive mechanism that aligns with community preferences.
How the Voting System Works
Note: The following section covers advanced topics intended for experienced users or developers.
Epoch-Based Voting
Gauge weight voting operates on an epoch system:
Each epoch spans a predefined number of blocks (configurable via governance)
Votes are tallied at the beginning of each new epoch
Vote weight is determined by the voter's voting power at epoch starts
Voting is cleared when a new epoch starts
Note: The rewards discussed here are specifically Gauge Voting rewards, allocated according to your vRISE voting power. These are distinct from standard LP rewards. Rewards are accumulated in the user's position and can be claimed at the same time as standard LP rewards in MsgClaimRewards (x/liquiditypool)
Eligibility Requirements
To participate in gauge voting:
Token Requirement: You must earn
vRISE
tokens, primarily by providing liquidity to poolsVoting Power: Voting Power can be gained by delegating to a validator.
Tally Timing: The voting pawer at the start of the epoch is applied.
You can submit your vote even before you have voting power. Your voting preferences will be applied based on whatever voting power you have when the next epoch begins.
How to Vote
Step 1: Access Your Voting Dashboard
Click My Votes to begin the voting process.
Step 2: Select Gauges
Click "Select Pool" to open the pool selection interface
Choose the pools/gauges you wish to support
Your previous voting selections will be automatically loaded if applicable
Remove unwanted gauges by clicking the delete button
Step 3: Allocate Voting Power
Specify what percentage of your voting power to allocate to each selected gauge:
Percentage-Based: Allocations are specified as percentages rather than absolute amounts because:
Your vRISE balance may fluctuate between epochs
Percentage allocations automatically adjust to your current balance at epoch start
This approach eliminates the need to revote every epoch
Step 4: Preview and Submit
Use the "Preview Vote" feature to see how your current vRISE balance would be distributed
Confirm your selections
Click Vote to submit your transaction
Your vote preferences will be applied to all future epochs until changed
Step 5: Update (Optional)
You can modify your vote at any time:
Your latest voting decision before an epoch begins will be applied
Changes take effect at the next epoch boundary
Simply repeat the voting process to update your preferences
See Liquidity Incentive for more system details.
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