$CARROT incentives are exclusive to only voters

Protocol/Gauge Name:

Provide the full name of your protocol or project e.g.: Uniswap V3 - pufETH/stETH

  • vePuffer hodler / Gauges Voter

Protocol Description:

This will appear in the metadata of the gauge listing (Max 500 Characters)

Protocol Overview:

A brief overview of your protocol, including it’s core functionality and target audience

  • [Response]

Key Features:

Please bullet point main features, any technical capabilities and unique aspects

  • Incentives are distributed only to vePUFFER holders who vote at Puffer DAO.

Distribution Method:

*Please confirm distribution method (Merkl usage or StakerERC20 contract address)

Pool Addresses:

Please provide the recipient Pool addresses (chain name: address)

Incentive Impact Statement:

Provide a brief statement on how you believe the token incentives from Season 2 will bolster user adoption for your protocol. Include potential impacts on user growth, engagement, and long-term sustainability.

  • Incentives are currently being distributed. However, even inactive users who do not participate in Gauges Voting are receiving incentives. Many protocols distribute incentives exclusively to voters. Notably, Thena on BSC and Aerodrome.finance on Base only reward users who have actively voted.
    With each passing epoch, the number of votes is increasing. However, in the last epoch, only half of the staked vePUFFER actually exercised their voting power compared to the total staked amount.

By distributing incentives only to stakers who actively vote, the rewards for users who truly participate in PUFFER’s incentive governance could effectively double. This would stimulate new staking demand and serve as a powerful mechanism to encourage active governance participation.

Eligibility Verification:

Please provide a link to your protocol, any security audits for protocol deployment, vaults, etc. If you have (or plan to launch) an active deployment of your protocol on Puffer UniFi please provide whether it includes security audit status, open source status.

To fulfill the eligibility criteria all protocols should provide a rationale as to how they add value to the ecosystem. Additionally, if you’re solely an asset provider, provide a verified contract address to your asset on Puffer UniFi

  • [Response]

Please create a PR with your logo in the https://github.com/PufferFinance/puffer-assets/logos folder, format should be a square logo (of any dimensions) in PNG or SVG format.

Refer to puffer-assets/logos at main · PufferFinance/puffer-assets · GitHub for examples

  • [Response]

Any Other Resources e.g. direct URL to pool, docs, etc.

  • [Response]

Contact Information:

Provide contact details for further discussions, such as an email address, Telegram handle, or Discord username.

  • [Response]

Questions for the Puffer Team or Community (Optional):

Please reach out in Discord for specific questions or feedback you’re seeking from the Puffer team or community to help refine your participation in Season 2.

1 Like

I completely agree with this proposal. The incentive distribution should be exclusive to vePUFFER holders who actively participate in voting. This approach aligns with the governance principles of many successful protocols and ensures that rewards are directed toward those who contribute to decision-making. By implementing this model, we can encourage greater engagement, increase governance participation, and ultimately strengthen the ecosystem’s sustainability.

1 Like