Protocol

Gauge Voting & Bribes

Liquidity gauges are the mechanism by which TOPAZ emissions are allocated. Bribe markets let protocols compete for those votes in a transparent, open system.

Liquidity Gauges

Each active LP pool on Topaz has a gauge. The gauge receives a share of weekly TOPAZ emissions proportional to the votes it receives from ve holders.

Gauge weights are recalculated at the start of each epoch. If a pool stops receiving votes, it receives zero emissions for that epoch.

How to Vote

Connect your wallet at app.topazdex.com, navigate to the Voting section, and allocate your veTOPAZ voting weight across any active gauges. You can split votes across multiple pools.

  1. 1Lock TOPAZ to receive veTOPAZ
  2. 2Navigate to Gauges → Vote
  3. 3Allocate voting weight across up to 30 gauges
  4. 4Submit votes — votes reset each epoch
  5. 5Earn trading fees + bribes from the pools you voted for

Bribe Markets

Any protocol or project can deposit bribes into any gauge's bribe market. Bribes are distributed pro-rata to ve holders who voted for that gauge in the epoch.

Bribe ROI
ve holders maximize bribe income by calculating bribe-per-vote for each gauge and allocating votes where the return is highest. This creates a natural price-discovery mechanism for liquidity.

For projects: budgeting a bribe is often far more efficient than direct LP incentive programs — you pay only for votes you actually receive, and the market determines the fair price.

Who Earns What

It's important to understand the distinction between LP rewards and voter rewards:

Liquidity Providers (LPs)

Stake LP tokens in gauges and earn TOPAZ emissions. The more votes a gauge receives, the more emissions flow to its LPs.

veTOPAZ Voters

Vote on gauges and earn 100% of the trading fees generated by those pools, plus any bribes deposited by protocols seeking votes. Voters do not earn emissions — they direct them.

Vote Delegation

veTOPAZ holders can delegate their voting power to another address. Delegation is free, can be changed at any time, and does not transfer the underlying TOPAZ tokens.