Gauge System

What is a Gauge Voting System?

A gauge voting mechanism is a decentralized system used for allocating resources or rewards within a blockchain ecosystem; 7.5% of Migaloo Zone inflation in the case of ReStake DAO. It allows $RSTK stakers to influence inflation rewards based on the number of tokens they hold and their preferences.

In short $RSTK stakers are able to vote for the assets they want to receive Migaloo Zone inflation. The more votes an asset has the more of Migaloo's inflation it receives.

What assets can be listed and how can they be listed?

To get assets added to the frontend ASAP here is a how-to: https://github.com/White-Whale-Defi-Platform/alliance-staking?tab=readme-ov-file#how-to-add-your-token-for-restaking

Any token or coin (including LP tokens) can be listed on $RSTK DAO. In order for an asset to be listed to ReStake DAO and start receiving Migaloo Zone inflation a governance proposal has to pass (click here to see an example of a WhiteListing prop).

When Whitelisting an asset add it to the Cosmos Chain Registry (Migaloo).

How do I vote?

To take part in gauge voting first ensure you have $RSTK staked to the DAO. Once you have staked $RSTK and have voting power you can use Eris Protocol's gauge voting page to vote for the assets you want to direct Migaloo's inflation towards

Minimum Votes required

In order to receive Migaloo inflation assets must maintain a minimum voting power of 1%. If an asset's votes fall below 1% it receives zero Migaloo inflation and is at risk of being delisted as a whitelisted asset.

How do I stake WhiteListed Assets?

Assets are stakable via the Migaloo Zone front end under the "Retaking" tab.

In order for Migaloo Zone's front end to calculate the assets staking APR it must have a liquidity pool on WhiteWhale DEX or a Coin Gecko ID