Governance
Gauges
Weekly votes that direct emissions and tighten Backstop caps.
Weekly cycle
Epochs start Thursday 00:00 UTC. Votes cast during a week set weights for the next one.
Gauge types
| Gauge | Receives |
|---|---|
| Series (one per template) | BERRIER to staked legs of that underlying |
| Backstop | BERRIER to staked Backstop shares |
| Staking | BERRIER to sBERRIER |
Your allocation and the cooldown
Split 100% of your weight across gauges. A gauge vote can be changed once every 10 days.
From weights to Backstop caps
Votes can only tighten the governed per-underlying cap, never loosen it.
Worked weekly example
Of 250,000 BERRIER, a gauge holding 12% of weight receives 30,000 for the week.
Out of scope in v1
- Bribes or vote markets.
- Delegated voting.