veLISTA Bribe Market
What Are Bribe Markets?
The Bribe Markets are a new feature enabling projects and users to offer rewards — known as “bribes” — to veLISTA holders in exchange for their votes on specific LP pools. By incentivizing voters, projects can direct more LISTA emissions toward their preferred pools, encouraging greater liquidity and participation.
Bribes are distributed transparently through the Voting Incentives Module, ensuring a fair and decentralized reward mechanism for veLISTA voters.
Why Is This Important?
For veLISTA Voters
Earn More Rewards: Voters can now receive additional rewards in the form of approved assets (such as LISTA or other tokens) by participating in bribe-incentivized voting.
Increased Engagement: Bribe Markets add an exciting layer of strategy to governance, making your votes more impactful and rewarding.
For Projects
Boost Liquidity: Projects can incentivize liquidity in their pools by offering bribes, attracting more emissions and increasing user participation.
Direct Emissions: Bribes provide a powerful tool for projects to guide emissions toward pools that matter most to their ecosystems.
For the Ecosystem
Strengthened Governance: The introduction of Bribe Markets creates more active participation in governance, ensuring a healthier and more decentralized Lista DAO ecosystem.
Enhanced Transparency: All bribe rewards and their allocations are tracked and displayed, fostering trust and openness within the community.
How Does It Work?
For veLISTA Voters
Vote on LP Pools: Use your veLISTA to vote for the LP pools you want to support.
Earn Bribe Rewards: If a pool is incentivized with bribes, you will earn a share of the rewards proportional to your vote weight.
Example:
A project offers 1,000 LISTA as a bribe for votes on Pool A. If you hold 10% of the total votes for Pool A, you’ll receive 100 LISTA as your reward after the voting period ends.
For Projects or Users Offering Bribes
Select an LP Pool: Choose the pool you want to incentivize.
Deposit Rewards: Add rewards in approved assets (e.g., LISTA, USDC) to the Bribe Market.
Set votingPeriod: Choose the voting period you want to incentivize — current week, next week, or split rewards across multiple weeks.
Rewards Distribution: Bribes are distributed automatically to veLISTA voters once the voting period ends.
Key Features of Bribe Markets
Transparent and Decentralized: All bribes are publicly visible, and their distribution is fully automated based on vote weight.
Whitelisted Assets: Only approved tokens can be used for bribes, ensuring rewards are valuable and trustworthy.
Flexible Periods: Bribes can be allocated for a single voting period or divided evenly across multiple weeks.
Benefits for veLISTA Users
Higher APRs: Bribes add an additional layer of rewards to governance, significantly boosting voter APRs.
Strategic Voting: Voters can choose pools based on their personal preferences, rewards, or long-term strategies.
Compounding Incentives: Users can reinvest their bribe rewards into veLISTA, increasing their voting power and future earnings.
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