Gauge Weight
Last updated
Last updated
Simply put, a gauge weight translates into how much of the PAWN reward each pool receives.
In the image above, the P-BAYC pool has 4.34% of the votes, and next week would receive 4.34% of the $PAWN incentives as a reward for contributing liquidity to that pool.
You can find each liquidity gauge relative weight on this page: https://app.pawnfi.com/yield/mining
Because those weights decide where the PAWN incentive goes, it allows the community to decide where most of the liquidity should go and balance liquidity. It's a powerful tool for voters that must be used responsibly.
The gauge weight is updated once a week on Thursday at 00:00:00 UTC.
Since votes are reset to zero each week and the voting cycle starts again, you should revote every week to ensure your favorite lending pool have a higher gauge weight, and of course, higher PAWN incentives.
