Emissions & Governance
Token emissions, voting power & mining boosts
veWAIFUS Portal
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veWAIFUS interacts with the protocol in three distinct and separate ways:
1) veWAIFUS LP Governance Multiplier
Governance-weight adjustment are applied exclusively to WAIFUS LP tokens staked in the designated WAIFUS mining vault. This mechanism does not mint veWAIFUS and does not alter token supply; it temporarily increases voting weight while eligible LP positions remain staked.
2) Token Emissions
Token emissions routed to eligible mining vaults via veWAIFUS gauge voting. Emissions may originate from veWAIFUS allocations or third-party liquidity mining incentives provided by external projects.
3) Boosted Mining Rewards
Boosted token multipliers applied to mining positions based on veWAIFUS holdings at the time of staking.
Mechanisms operate independently and are governed through onchain gauge voting and emission parameters set by Yu DAO.
veWAIFUS LP Governance Multiplier
The WAIFUS mining vault applies a veWAIFUS LP Governance Multiplier to eligible WAIFUS LP staking positions.
This mechanism is distinct from vault emissions. It does not mint or emit additional veWAIFUS and does not increase WAIFUS supply. Instead, it adjusts governance weight while qualifying LP positions remain actively staked.
Scope
veWAIFUS LP Governance Multiplier applies exclusively to:
WAIFUS LP tokens staked in the designated WAIFUS mining vault
Additional vaults explicitly authorized through a successful onchain governance proposal
No other vaults receive the veWAIFUS LP Governance Multiplier unless approved by Yu DAO.
Purpose
Multiplier is designed to:
Incentivize deep WAIFUS liquidity
Align liquidity provisioning with governance participation
Recognize active ecosystem contributors
Time-locked WAIFUS remains the primary and dominant source of governance authority.
Multiplier recipients gain more power in:
Governance proposals
Gauge weight votes
DAO revenue
Mechanics
Governance weight is adjusted while eligible WAIFUS LP tokens remain staked
Unstaking removes the multiplier effect
No veWAIFUS is minted, emitted, or claimable through LP staking
Governance weight adjustments are reflected in onchain accounting
Boost Mechanism
The Boost Mechanism increases mining emissions for liquidity providers who hold an active veWAIFUS position.
Boost eligibility requires:
Active veWAIFUS lock
LP tokens staked in a gauge-enabled mining vault
The mechanism links governance participation to liquidity incentives.
Boost Logic
The boost multiplier scales as a function of:
veWAIFUS balance
Size of the LP staking position
Higher veWAIFUS balances increase the share of boosted emissions attributable to a staking position, subject to vault-specific parameters and system limits.
The design ensures that:
Voting power and liquidity depth are economically connected
Long-term participants receive proportionally higher incentive weight
Passive LP capital without governance commitment does not receive maximum emission share
Capital Alignment Model
The boost mechanism creates a structural link between:
Governance capital (veWAIFUS)
Liquidity capital (LP tokens)
This alignment incentivizes participants to:
Lock WAIFUS for governance
Provide liquidity to supported markets
Participate in gauge voting
Rather than distributing emissions uniformly, the system rewards participants who combine liquidity provision with long-term governance commitment.
Parameterization
Boost levels are bounded by vault-level configuration.
Each gauge-enabled vault defines:
Base emission rate
Maximum boost multiplier
veWAIFUS-to-liquidity weighting ratio
Parameters can be modified only through Yu DAO governance.
Design
The boost mechanism is designed to:
Deepen WAIFUS liquidity
Encourage long-duration lock commitments
Align DAO governance with active market participants
Avoid passive extraction dynamics
Boosted emissions do not create additional WAIFUS supply. They alter the distribution weight of existing emissions.
Gauge-Directed Emissions
Gauge-directed emissions allow veWAIFUS holders to determine how incentive flows are allocated across eligible mining vaults.
Emissions include:
veWAIFUS voting power
Third-party project emissions allocated for liquidity mining
Emission routing is exclusively governed through veWAIFUS voting.
Emission Sources
Gauge-directed emissions originate from two categories:
1) veWAIFUS Voting Power Emissions
Voting power emissions distributed via gauge weights
2) External Liquidity Mining Allocations
Third-party projects may allocate a portion of their token supply to Yuzo for use in liquidity mining programs.
These tokens are externally sourced and are not minted by Yuzo. They are not part of WAIFUS supply.
External allocations are routed through the gauge system and distributed across eligible vaults according to veWAIFUS voting weights.
Yuzo does not manually assign emissions. Allocation is determined by veWAIFUS stakeholders through onchain governance.
Allocation Mechanics
Each eligible vault is associated with a gauge.
veWAIFUS holders assign voting weight to gauges.
A vault’s share of emissions is proportional to its relative weight.
Relative weight is calculated from:
Total veWAIFUS votes assigned to the gauge
Total veWAIFUS participating in gauge voting
Weights update on a recurring schedule and apply deterministically.
Market-Driven Incentive Competition
Projects seeking liquidity may:
Allocate token emissions to Yuzo
Propose gauge eligibility
Compete for veWAIFUS voting weight
Vaults with stronger governance support receive a larger share of emissions.
This creates:
Competitive liquidity markets
Governance-mediated capital allocation
Transparent incentive routing
Emission allocation is not centrally determined. It is stakeholder-directed.
Governance Controlled Expansion
New vaults become eligible for gauge-directed emissions only through:
A formal governance proposal
Onchain approval
Successful quorum and support thresholds
This ensures that incentive expansion is controlled by veWAIFUS holders.
Emission Settlement
Emission settlement defines how gauge-directed emissions are finalized, accounted for, and made claimable.
All emissions allocated through governance are settled according to predefined, transparent logic. Settlement does not rely on discretionary intervention.
Settlement
For each emission cycle:
Gauge weights are finalized based on veWAIFUS voting.
Relative weights determine each vault’s emission share.
Emission amounts are calculated deterministically.
Accrued balances become claimable by eligible participants.
The settlement process applies uniformly across:
veWAIFUS emissions
Third-party liquidity mining emissions
Deterministic Accounting
Emission amounts are derived from:
Total emissions allocated for the cycle
Finalized gauge weights
Individual staking balances within each vault
Distribution is proportional to:
LP token stake
Boost-adjusted weighting (if applicable)
Vault-specific parameters
No manual redistribution occurs once weights are finalized.
Harvest Rewards
Once emissions are settled:
Rewards accrue to the user’s position
Claiming can occur at any time
Unclaimed emissions remain attributable to the staking position
Claim mechanics are non-custodial and do not alter underlying stake positions.
veWAIFUS Portal
veWAIFUS Portal is available at:
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Through the veWAIFUS Portal, users can monitor:
Active vault positions
Accrued emissions
Boost multiplier status
Claimable rewards
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