Gauge Weights
Simply put, a gauge weight translates into how much of the daily CSM inflation it receives.
Each gauge has a weight depends on votings. Those weights represent how much of the daily CSM inflation will be received by the liquidity gauge.
Vote Weight of veCSM holders | Gauge Pool Name |
|---|---|
20% | USDT |
15% | DAI |
10% | USDC |
20% | FRAX |
35% | TUSD |
In this case if total daily CSM emission is = 43,200 CSM/daily
Gauge Pool Name | Gauge Weight | Token emission |
|---|---|---|
USDT | 20% | 8,640 CSM/daily |
DAI | 15% | 6,480 CSM/daily |
USDC | 10% | 4,320 CSM/daily |
FRAX | 20% | 8,640 CSM/daily |
TUSD | 35% | 15,120 CSM/daily |
Because those weights decide where the CSM inflation goes, it allows the DAO to control where most of the liquidity should go and balance liquidity. It's a powerful tool for voters that must be used responsibly.
The gauge weight is updated once a week on Thursdays.
Anybody who has vote locked CSM can vote to direct its voting power towards one or multiple Cashmere pools.
Go to DAO page.
Select the gauge you would like to put your voting weight towards, enter an amount in %,
(100% the maximum) and confirm your transaction.
You can change your voting weight once every 10 days.
If the you don't want to change your vote in the future following periods, your vote will continue to be taken for each week in the same way. You don't need to make transaction every week.