Gauge Proposals

How to create a gauge proposal with YieldNest

This guide is designed for partners and community members who wish to propose new gauges on dao.yieldnest.finance. It explains:

1. Why gauges matter – the tokenomics benefits for you and for YieldNest.

2. How to participate – the step-by-step process to submit and activate a gauge proposal.

3. Where to find templates – links to ready-to-use proposal formats.

1. Why Gauges Matter

What is a Gauge?

A gauge is a smart contract that distributes YND emissions to a specific pool, vault, or strategy. veYND and sdYND-gauge token holders vote on gauges every 2 weeks. Voting periods last 7 days. The results of the gauge votes determine where emissions go for the following Epoch, ensuring incentives are community-driven.

Why Propose a Gauge?

• Boost Liquidity: Direct emissions to your DeFi opportunity to attract liquidity.

• Attract Users: More rewards = higher APR → more participants.

• Strengthen Integration: Position your protocol as part of the YieldNest ecosystem.

Tokenomics Flywheel

Liquidity → more rewards → stronger utility → more participants. Gauges are the mechanism that powers this cycle.

2. How to Propose a Gauge on YieldNest DAO

Step 1: Preparation

• Identify the pool or opportunity you want to incentivize with YND (e.g., ynETHx-ETH, ynBNBx-BNB).

• Ensure it passes security checks (audits, reliable contracts).

• Prepare key details: addresses, tokens, expected benefits.

Step 2: Forum Proposal

• Post your proposal on gov.yieldnest.finance.

• Use the ready-made forum template provided in the post creation.

• Fill in the template accurately and completely to help the community understand the opportunity.

Step 3: Governance Vote

• The community will share their opinions on the proposal and informally vote in the forum to show interest.

• If there is enough interest, a core DAO member will create an official DAO proposal in Snapshot where veYND holders and sdYND-holders can officially vote on the proposal.

• Proposals will be available for voting at: https://dao.yieldnest.finance/community

• veYND/sdYND-gauge holders vote Yes / No / Abstain.

• If passed, the gauge is approved.

Step 4: Activation

• A core DAO member will create a gauge that is approved after a DAO vote.

• Once the Gauge is deployed in the DAO, it will be available for voting the following epoch.

Step 5: Incentivization & Growth

• Market your gauge to the community to attract votes and liquidity to your opportunity.

• Track performance (TVL, APR, votes) and adjust as needed.