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Gauges

A gauge is the unit through which WRN emissions are directed to a pool. Every WarrenToken created for a pool eligible for emissions can have a gauge, and each gauge has a weight that determines its share of the emissions schedule for the current epoch.

How emissions reach LPs​

At the end of every voting epoch, the global emissions for the next epoch are split across gauges in proportion to the votes each gauge received. LPs in a gauged pool earn the gauge's emissions in proportion to their share of liquidity in the pool.

No boost. Every LP in a given gauge earns the same emissions per unit of liquidity, regardless of how much bWRN they hold. bWRN matters for vote-direction and fee/bribe collection — not for sweetening LP yield.

This is a deliberate departure from the boost mechanics popularized by Curve and inherited by many ve(3,3) forks. Removing the boost eliminates a paywall on LP returns, which is good for scale: it keeps LP economics simple, removes a structural advantage for whales/protocols on the LP side, raises the median (and, versus Curve-style models that forfeit unboosted emissions, the average) APR for the typical LP, and makes it easier to reason about expected APR.

Adding and removing gauges​

  • Adding a gauge. Once a pool is created, a gauge can be requested via governance. Approval requires a bWRN vote that meets quorum. A pool without a gauge is still usable but does not receive emissions.
  • Removing a gauge. Gauges can be removed via governance vote (e.g. for pools that become inactive, are exploited, or no longer serve protocol goals). A removed gauge stops receiving emissions immediately but remains queryable for historical accounting.
  • Reactivating a removed gauge. A removed gauge can be revived by a fresh governance vote.

See Voting for how votes get allocated, and Liquidity Rental for how external protocols use bribes to direct vote weight to specific gauges.