Convergence
  • Welcome to Convergence
  • General Information
    • Protocol Overview
  • Staking
    • Convergence for Stake DAO
      • cvgSDT staking
      • sdTKNs staking
      • LPs staking
        • Curve LPs staking
      • Understanding cvgSDT
      • veSDT boost delegation
      • Metagovernance
        • Governance votes
        • Gauge votes
    • Convergence for Convex Finance
      • cvgCVX staking
      • cvxTKNs staking
      • Understanding cvgCVX
      • Understanding CVX1
      • Metagovernance
        • Governance votes
        • Gauge votes
    • Tokenized positions
  • CVG TOKEN
    • Understanding CVG
    • Tokenomics
    • CVG Locking
      • Understanding veCVG
      • Understanding mgCVG
      • Understanding ysCVG
  • GAUGES FUNCTIONING
    • Understanding Gauges
    • Gauges Votes
  • BONDS & TREASURY
    • Bonds
      • Understanding Bonds
      • Oracles and ROI computation
        • Targeted pools
      • Tokenized bonds
    • Treasury
      • Protocol Owned Deployments
      • Protocol Due Deployments
  • Cycles
    • Understanding Cycles
      • cvgCycles
      • tdeCycles
  • Rewards
    • Stake DAO rewards
    • Convex Finance rewards
    • CVG rewards
    • Treasury rewards
  • Navigate UI
    • Staking
      • Stake DAO
        • Staking cvgSDT
          • Use SDT
          • Use cvgSDT
        • Staking sdTKNs
        • Staking LPs
      • Convex Finance
        • Staking cvgCVX
        • Staking cvxTKNs
    • Using bonds
      • Buy a bond
      • Redeem CVG
      • Bond & Lock
    • Claming rewards
      • Claim all rewards
      • Claim by position
    • Lock CVG
      • Create a locked position
      • Increase a locked position
        • Increase amount only
        • Increase time only
        • Increase amount & time
      • Delegate a locked position
        • Delegate veCVG
        • Delegate mgCVG
        • Delegate ysCVG
      • Manage delegations
        • Accept a delegation
        • Remove a delegation
        • Revoke a delegation
    • Vote on gauges
      • Display votes
      • Remove votes
  • FAQ
    • Contract Addresses
    • Treasury Addresses
    • Audits
    • Risks
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    • Branding
  • LINKS
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  1. GAUGES FUNCTIONING

Understanding Gauges

PreviousUnderstanding ysCVGNextGauges Votes

Last updated 1 year ago

For a better understanding of the following section, the reader is advised to read:

  1. at Curve;

  2. at Curve.

Each Convergence staking pool (cvgSDT, sdTKNs and LPs) will be paired to a gauge. Each gauge has a weight. This weight determines how much of the weekly CVG's inflation will be received by a given staking pool.

Unlike Curve’s gauges, the user’s shares of staking pools will not be determined by gauges but directly by each staking pool contract.

Gauges types will be implemented in case the DAO decides to give different types to gauges later. In the beginning, all gauges will have the same type.

Staking pools CVG distribution will be done weekly according to gauge weights and synchronized on Convergence’s Cycles (cvgCycles). The amount of CVG a given staking pool will receive is a function of the corresponding given gauge weight (sum of total weight deployed in this gauge) and the total weight across all gauges.

For example, if users have deployed 20% of their total voting weight into the cvgSDT gauge by the end of a given cvgCycle, the cvgSDT staking pool will receive 20% of the weekly inflation of CVG. Those CVG will then be redistributed to cvgSDT stakers according to their shares of the cvgSDT staking pool.

New gauges will be added when Convergence integrates new protocols.

the gauge explanation
the gauge weights explanation
Gauge functioning