Gauge
Last updated
Last updated
Includes content currently under development
Through the Gaming DEX, users who provide liquidity are rewarded with Z tokens. The amount distributed is determined by a Gauge. The liquidity Gauge measures how much liquidity a user has provided.
This amount is measured by the Gauge. The Liquidity Gauge measures how much liquidity a user is providing.
Each liquidity Gauge is weighted. The weight will change depending on the sZ being voted on and will affect the amount of Z received by the liquidity provider. Votes can be changed once every 10 days.
For example: the percentage of Gauge votes for sZ is as follows:
When the total compensation for the 10-day period is 150,000 Z, the distribution to each pool would look like the following chart:
Pool
sZ Share Ratio
Z Rewards
A
7.09%
10,638.30
B
10.64%
15,957.45
C
12.77%
19,148.94
D
21.28%
31,948.94
E
30.50%
45,744.68
F
17.73%
26,595.74
Total
100.0%
150,000.00
The amount of sZ held and the amount provided by the liquidity providers determine the amount of incentive an individual can earn.
It provides liquidity and is predicated on LP tokens being staked in the Gauge.
One of the main incentives for Z is that they can increase their rewards for the liquidity provided.
By using sZ, you can earn governance rights, increase your share of the liquidity provided on Gaming DEX by up to 2.5 times, and receive more rewards.
sZ holders receive up to 2.5 times the boost compared to unclaimed holders.
For Example:
Pool Rewards：150,000 Z
Pool Total Liquidity：$4M
sZ Total Amount：3M sZ
User
LP
sZ
Boost
After Boosted
Share Ratio
Reward Amount
Alice
$1,000
750
2.5
$1,000
0.025%
37.5
Bob
$1,000
0
1.0
$400
0.010%
15.0
Charlie
$3,000
1,000
1.67
$2,000
0.050%
75.0
Dave
$2,300
1,000
1.87
$1,000
0.043%
64.5
This mechanism allows for the fair distribution of incentives because it has the following features:
If there is a lot of liquidity provided, the sZ required to benefit from the 2.5x maximum boost is quite large.
If less liquidity is provided, less sZ is needed to benefit from a 2.5x maximum boost.
*During $sZ redemption, voting will be disabled, and no boosts will be applied.
