FAQ

Q.What does "Vote Incentives" mean ?

A. Vote Incentives refer to funds being provided for capturing Liquidity Pool emissions in DEXs who employ vote-escrow model. Protocols/DAOs are seeking to increase their TVL and offer high yields to their users but at the same time, they don't want to use too much of their governance token in the process.

Vote incentives offer a solution for this. Instead of incentivizing liquidity through direct rewards, funds are sent to vote escrowed token holders who have the power to direct liquidity to the pools they vote. By incentivizing "voters" instead of the "liquidity providers", protocols can capture liquidity emmisions with a much lower amount of capital.

Q. Sounds like DAOs still need to reward liquidity with their own governance tokens. How is this different than the usual liquidity mining ?

A. It is similar in a way but it is much more efficient. Since voters are usually a much smaller pool, DAOs can get away with spending much less capital to acquire the same amount of liquidity emissions to their pools

Q. How can I benefit from Vote Incentives ?

A. Glad you asked, this is actually what VoteX is designed for! You can get vote incentives from the DAOs to vote for their pools if you hold their veTokens. VoteX aggregates all of the available incentives so you don't have to check each platform yourself.

Q. Can I vote directly from VoteX ?

A. No. Currently VoteX only provides data for the Voters. You need to go through the selected platform's UI to vote.

Q. Will there be a token/airdrop ?

A. Not at the moment. However this could change anytime :)