Vote Incentives Distribution
Overview
Users who vote through Stake DAO meta-governance for gauge allocations, or who delegate their voting power, are eligible for vote incentives from Votemarket when incentives exist for their voted gauges.
How Distribution Works
Stake DAO leverages the veToken voting power of each Liquid Locker to earn vote incentives on behalf of sdToken holders. Each week:
- Stake DAO claims vote incentive rewards for the Liquid Locker
- Rewards are swapped into the corresponding sdTokens (using pool swaps or direct minting depending on the current exchange rate)
- sdTokens are distributed to users via merkle distribution
Distribution is proportional to:
- Your voting power at the end of the period
- The incentives earned by the gauges you voted for
Voting power is captured at the end of each period to ensure accurate allocation.
View your claimable rewards on the governance page using the gauge type filter.
Protocol-Specific Timing
| Protocol | Period Length | Distribution Frequency |
|---|---|---|
| Most protocols | 1 week | Weekly |
| PancakeSwap | 2 weeks | Bi-weekly |
| Pendle | 1 month | Weekly (split across 4 weeks) |
For Pendle, voting power must be delegated before the vote period begins.
Automation
The distribution process—claiming, swapping, and merkle distribution—is automated through a dedicated smart contract. A small fee covers gas costs.
Distribution reports are available in the bounties-report repository.