Gauge Weights
Last updated
Last updated
Simply put, a gauge weight translates into how much of the daily $LT inflation it receives.
Each gauge has a weight depends on votings. Those weights represent how much of the daily $LT inflation will be received by the liquidity gauge.
For example, on the below chart, the weight of the $stHOPE gauge is currently around 70%. This means that all liquidity providers in the $stHOPE gauge share 70% of the daily $LT.
You can find each liquidity gauge relative weight on this page: https://app.hope.money/#/dao/gauge
Because those weights decide where the $LT inflation goes, it allows the LightDAO to control where most of the liquidity should go and balance liquidity. It's a powerful tool for voters that must be used responsibly.
Anybody who has locked $LT can vote to direct its voting power towards one or multiple gauges.
Visit this link: https://app.hope.money/#/dao/gauge
Select the gauge you would like to put your voting weight towards, enter an amount in percentage (100% is the maximum) and confirm your transaction.
You can change your voting weight for the same gauge once every 10 days.