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 β†’ more participants.

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

Tokenomics Flywheel

Liquidity β†’ more rewards β†’ stronger utility β†’ 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.

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