Gauge Weight Voting

Voting Rules and Information:

  • Voting will be done via Snapshot.

  • veRBN holders may spread their votes among multiple pools in gauge weight votes.

  • veRBN holders may receive bribes.

  • Gauge weight votes will be bi-weekly, starting Fridays at 00:00 UTC and ending on Wednesday 00:00 UTC. The Multisig will then have 2 days to manually update gauge weights accordingly. Please see figure below for the lifecycle of gauge weight vote proposals.

    • Other Ribbon governance votes will be addressed as they arise.

Ribbon Finance multi-sig is still required to sign to establish outcomes of all Ribbon Snapshot votes, for both governance and Ribbon gauge weight votes. In almost all cases, we will vote in-line with RBN / veRBN holders. However, proposals considered to be blatant attacks damaging the protocol will not be signed for.

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