Voting
Lock Your $TAPP for Voting Power Tapp Exchange's voting system puts emission control directly in the hands of $veTAPP holders. Each epoch, you allocate your voting power across the liquidity pools of your choice, directing where $TAPP emissions flow and earning a share of trading fees and bribes in return. The more actively you manage your votes, the more you stand to earn.
Voting APR Within Tapp the Governance Tab, select Vote and you will find a column displaying the voting Annual Percentage Rate (vAPR) for each pool. This metric is calculated using the following formula:
Voting APR = (TVB / TV) × Weeks / TAPP Price × 100% Where:
Weeks = Approximately 52.179 (the number of weeks in one year)
TVB = Total Value of Bribes in USD
TV = Total Number of Votes
The voting APR gives you a clear snapshot of how attractive each pool is for voters at any given time. It factors in the total value of bribes offered, the duration in weeks, and the current $TAPP token price, making it one of the most useful metrics when deciding where to allocate your votes.
Rewards Voting on Tapp carries several compelling benefits that directly reward active participation:
Directing $TAPP Emissions: Your vote determines where $TAPP token emissions are allocated. By voting on the pools you believe deserve the most incentives, you actively shape the distribution of rewards across the platform.
Pro-Rata Share of Trading Fees: When you vote on a pool, you become eligible for a pro-rata share of all trading fees generated by that pool. The more vote weight you contribute relative to others voting on the same pool, the larger your share.
Pro-Rata Share of Bribes: Voting on a pool also entitles you to a pro-rata share of all bribes added to that pool by third parties. Bribes can be contributed at any point throughout an epoch. A snapshot of votes is taken at the end of each epoch to determine reward eligibility.
Important: Casting your vote before the epoch snapshot is essential to qualify for rewards. Voting transactions do incur gas fees. If you skip voting in any given week, rewards will still flow to the pool's voters, but you will miss out on your proportional share.
Trading fees and bribes are claimable as a lump sum after the epoch has ended.
You must vote each epoch to remain eligible for fees and bribes.
You can change or reset your vote at any time during an active epoch.
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