How Gauges Work
Voting
Liquidity Mining emissions are distributed among different Gauges according to veHLDR voting. All veHLDR voting happens on Aurora. veHLDR holders can vote for one or more Gauges, choosing the percentage of their voting power to allocate to a specific Gauge.
Staking
Each pool eligible for Liquidity Mining has a Gauge contract associated with it. In order for Liquidity Providers to be eligible for Liquidity Mining, they must stake their Holdr Pool Tokens (HLDRs) in the pool's corresponding Gauge.
Multi-Token Liquidity Mining
Each pool's Gauge contract can distribute up to 8 different kinds of tokens. This allows for multiple partners/protocols/DAOs to incentivize a given pool by adding their own tokens.
In order to prevent spam tokens from occupying those 8 slots and blocking out legitimate tokens, Holdr Governance has the power to allow addresses to be able to add tokens to a Gauge using the Authorizer.
Dividing a pool's LM among LPs
To be eligible for a given pool's HLDR emissions, a user must stake their corresponding LP tokens to that pool's gauge. Their share of the HLDR emission scales with their proportional stake of LP tokens for that pool.
Additional veHLDR Boost
On Aurora, a user's claimable HLDR also depends on their amount of veHLDR. This extra boost is determined just as Curve's CRV boost is calculated.
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