Step 3
Your $veTAPP isn't just a governance token sitting in a dashboard; it's your ticket to actively shaping where $TAPP emissions go, and you get paid for doing it.
How voting works: Each epoch starts and ends at 04:00 UTC on Thursday.
$veTAPP holders vote on which liquidity pools receive $TAPP emissions for the upcoming period. Navigate to the voting page within the Tapp app. [Exact UI flow TBC.] You'll see a list of active liquidity pools, each showing relevant data like trading volume, existing liquidity, current vote weight, and the fees generated.
You allocate your total $veTAPP voting power across one or more pools. You can put 100% of your votes on a single pool or spread them across several, and you can change your allocation each epoch.
Why voting earns you fees: Here's the mechanism that makes it all work. When you vote for a pool, you earn 100% of the trading fees generated by that pool, proportional to your share of the total votes on it. You don't earn fees from all pools; you earn fees specifically from the pools you vote for, based on your percentage of votes directed there.
This creates a direct incentive to vote for pools that generate the most trading volume and fees relative to the votes they're already receiving. More on how to identify those pools in the next section.
After each epoch ends, your earned fees become available to claim. Return to the rewards or claims section of the app to collect them. [Exact claim flow TBC.]
Important: If you don't vote in an epoch, you earn nothing for that period. Your $veTAPP doesn't passively generate returns. Active participation is required every epoch to maximise your earnings.
Last updated