Curator System

Warren lets the creator of a pool set a curator fee at pool creation. A configurable share of every swap's trading fees is then directed to the pool creator, rewarding curators for sourcing pools that attract real volume to the platform.

Overview

Anyone can create a Warren pool. Pools live or die by the volume they attract, and good pool design — choosing the right pair, the right LDF, the right hooks — is the work of a curator. The curator system pays curators directly out of the swap-fee stream of the pools they bring to market, aligning their incentive with platform throughput rather than with one-off token grants.

Key parameters

Parameter	Set by	When	Notes
curator	Pool creator	At pool creation	The address that receives the curator's share of fees. Typically the creator's own address but can be any address.
curatorFeeBps	Pool creator	Any time	The curator's share of swap fees, expressed in basis points of the fee stream. Bounded by a 30% maximum.
noFeesToLP	Pool creator	At pool creation, can be disabled afterwards	Routes fees to the gauge instead of paying LPs in fees. See below.

How fees split

For a pool without a gauge link (noFeesToLP = false), the swap fee is split, in order:

1. Protocol rake — a small slice taken by governance.
2. Curator fee — curatorFeeBps of the remaining fee stream goes to the pool's curator address.
3. LPs — the rest accrues to LPs in proportion to their share of liquidity.

For a pool with a gauge link (noFeesToLP = true):

1. Protocol rake — same as above.
2. Gauge — remaining share is redirected to the gauge for voter distribution. LPs are compensated through directed WRN emissions instead of fees.

noFeesToLP mode

When a pool is created and linked to a gauge at creation, the noFeesToLP flag is enabled. In this mode, the fees are sent to the gauge and distributed to bWRN voters that supported the gauge in the closed epoch (see Voting). LPs are not paid in swap fees — instead, they earn the WRN emissions that voters direct to the gauge.

This is the mechanism behind Warren's liquidity rental economics: voters see real fee yield from the pool plus any bribes, and partner protocols rent depth by bribing the gauge rather than by issuing perpetual incentives.

When to use which mode

• Curator-only (no gauge). A standalone pool where the creator wants curator-fee revenue and LPs want direct swap-fee yield. Suitable for niche pairs that won't compete for emissions, or for pools where the curator wants to launch before going through gauge governance.
• Curator + gauge (noFeesToLP). A pool that has been approved for emissions. Fee revenue is concentrated on voters (who direct emissions) and LPs are paid in WRN. This is the default shape for pools that want to attract emissions-driven depth.

A pool launched without a gauge can later have one added via governance; the gauge link enables noFeesToLP from that point forward.