What are Voting Rewards Podcast

Voting Rewards Explained

Fees

Token pairs in Goblins Cash V2 capture fees from the trading volume enabled by the liquidity in each pool.

The fees collected by staked Liquidity Providers (LPs) in the previous epoch are often deposited as incentives for the current voting epoch.

Fee rewards are distributed in the same tokens as the liquidity pool tokens from which they originate. For example, if the pool is a Goblins Cash V2 AMM pool for GOB/USDC, the distributed fee tokens would be $GOB and $USDC.

Fee rewards that are part of direct LP earnings are typically distributed as accrued and can be claimed at any time. Fee rewards deposited as voter incentives are usually available for claim after the epoch changes (e.g., Thursday 00:00 UTC) and are distributed proportionally to the voting power cast by a voter (e.g., $veGOB).

Incentives

In addition to fee rewards, liquidity pools can receive external voter rewards from protocols or other participants (these are often known as incentives).

Incentives can be deposited for whitelisted tokens and are distributed only to voters on that specific pool, proportionally to their share of pool votes.

These rewards are typically available for claim after the epoch changes (e.g., Thursday 00:00 UTC) and are distributed proportionally to the voting power cast by a voter (e.g., $veGOB).

Rewards Claim

Rebase rewards, if applicable within the Goblins Cash V2 system, are typically claimable after a new epoch has started (e.g., Thursday 00:00 UTC).

An example of incentives, voting, and rewards claim timeline:

  • A new epoch starts (e.g., Thursday 00:00 UTC).
  • Incentives are deposited by projects or individuals at any point during the epoch.
  • Voters use their voting power (e.g., $veGOB) to vote for their preferred pools.
  • Once the next epoch arrives (e.g., the following Thursday 00:00 UTC), users are able to claim the rewards earned from the concluded epoch.