Vote

Voting rights are proportional to the amount of veSTO tokens locked.

Types of Governance Votes

Incentive Distribution Votes (Gauge Voting)

By participating in gauge voting, veSTO holders can vote for specific STONE-Fi and BTC-Fi pools as well as LiquidityPad Vaults, thereby directing veSTO emissions towards these pools. By participating in gauge voting, holders are entitled to a portion of bribes and veSTO emissions proportional to their votes for the selected pool or vault.

Protocol Parameter Votes

Holders of locked veSTO can collectively decide and modify key protocol parameters such as fee structures, proportion of bribes burned, and other protocol initiatives.

Benefits of Gauge Voting

1. veSTO Emissions: When veSTO holders vote on specific pools or vaults for emission allocation, they also secure a proportional claim to the associated veSTO rewards.

2. Bribe Rewards: When protocols and ecosystem builders bribe specific pools or vaults, a proportion of bribes are distributed as rewards proportionally to the amount of veSTO voted.