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.
The gauge weight is updated once a week on Thursday.
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.
If you do not wish to modify your vote in subsequent voting epochs, your vote will remain the same and be counted consistently each week. You don't need to initiate transactions every week to vote.
