Voting

veJUNGL holders can decide on which liquidity pools receive emissions in a given epoch by voting on their preferred liquidity pool gauges. JUNGL emissions are distributed proportionally to the total votes a liquidity pool receives.

In return, voters receive 100% of the trading fees and bribing incentives of the liquidity pool they vote for.

Gauge Voting

Each epoch lasts for 7 days, after which all bribe incentives and trading fees are distributed as a lump sum to voters. You earn only from the gauges (pools) you have voted for.

• Trading fees (from the previous epoch) and incentives are claimable as a lump sum after the Epoch comes to a close from your Rewards. (link)

• Votes must be made every week, and will not carry over from the previous epoch.

Protocol Incentives

Protocols and tokens aiming to build up liquidity may incentivize pools via bribing to attract a greater share of veJUNGL votes. Incentivizing a pool can increase the amount of votes on a gauges pool as:

Incentivizing a pool (with bribes) -> More veJUNGL votes -> More JUNGL emissions to the pools gauge -> More liquidity added

Claiming Voting Rewards

Voting Rewards are claimable after the Epoch has ended (n+1).

Voting Rewards claim timeline:

• A new epoch starts Thursday (00:00 UTC).

• Incentives are deposited at any point in the Epoch.

• Voters vote for their preferred pools.

• Once the epoch ends (every Thursday), users are able to claim voting rewards from the Rewards. (link)