🪜Voting Mechanism

Voting Process

Once a user becomes eligible for voting by depositing liquidity in the designated pool, the voting mechanism begins:

• 5 pools are available for voting.

• Eligible users can cast their vote on up to 5 pools per voting period.

• Votes determine which pools will receive the reward emissions for that month.

• Strategy creators can enlist their strategies among the decided vaults to be voted on after approving their proposal through governance.

Reward Collection

Users who voted and provided liquidity in selected pools start collecting $oA51 as rewards:

• The emission will be done in epochs and each epoch will consist of 15 days.

• 6769.82 $oA51 emitted per epoch (which means 13,539.64 $oA51 emitted per month) among 5 different strategies. These will be convertible to $A51 tokens at a 50% discount.

• The rewards will be distributed based on the overall users' liquidity share in the A51 strategies and Balancer A51/ETH pool. To maximize your rewards, ensure greater liquidity share in the Balancer pool.

• At the end of each epoch, the rewards will be airdropped to the LP addresses.

Claim Rewards

Users can view their collected $oA51 tokens in the "Claim Reward" section on the user dashboard, which provides a detailed overview of metrics of earned rewards and current positions, including:

• My BAL-LP token

• My $oA51 holding

• My Claimed $oA51

• My Unallocated votes

• Current voting period

• Current and past voted vaults