Pacman Finance
  • Welcome, Pacman
    • ๐Ÿค–Welcome, Pacman
    • ๐Ÿ‘จโ€๐ŸŒพMulti-liquidity leverage yield farming
    • โญLSD Finance
    • ๐Ÿ“šC&FOO
  • ๐Ÿฆ–Functionality
    • ๐Ÿ’ฐLending
    • ๐ŸŽ‡Leverage Yield Farming
    • โœก๏ธStake
    • ๐Ÿ“”Voting
    • ๐Ÿ’ธBribing
      • ๐Ÿ“ฐBribing Whitelist
    • ๐Ÿ•งVesting and Getting Rewards
    • ๐Ÿ”ƒoPAC Strike
    • ๐Ÿ•น๏ธRoadmap
  • Tokenomics
    • ๐Ÿช™PAC
      • ๐Ÿš€veIDO
      • ๐ŸงฉInit PAC Supply
    • ๐Ÿช™vePAC
      • ๐Ÿฅ”Merge vePAC NFT
      • ๐Ÿ’ตRebase
    • ๐Ÿช™xPAC
    • ๐Ÿช™oPAC
    • ๐ŸEmissions Schedule
    • ๐ŸจPool Allocation
  • Governance
    • ๐Ÿ““Gauge
    • ๐Ÿ’ผTreasury
  • ๐Ÿ”Security
    • Audits
    • Bug Bounty Programs
    • Contract Addresses
  • โŒจ๏ธAdditional Information
    • ๐ŸŽBrand Assets
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On this page
  • The rewards of voting activity.
  • vePAC Revenue Distribution Schedule after Voting
  1. Functionality

Voting

Voting for your favorite Dex and Trading Pairs

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Last updated 2 years ago

The main purpose of the vePAC NFT is to direct emissions to Leverage LP token pairs. This is achieved through voting for the pair. Emissions are distributed proportionally to the total percentage of votes in the epoch.

The expected emissions can be calculated using a simple division formula as such:

emissions(PAIR)ย =ย %ย ofย totalย votesย รท100%emissions(PAIR) \ = \ \% \ of \ total \ votes \ \div 100 \% emissions(PAIR)ย =ย %ย ofย totalย votesย รท100%

For example, in the first epoch, 5,000,000 PAC will be distributed. If 10% of all votes are allocated to the SushiSwap ETH-USDC pair; that pair will receive 500,000 PAC tokens distributed linearly throughout the epoch.

Each vePAC can distribute its voting power to multiple leverage LP pairs in each epoch. Once a vePAC votes, its result cannot be changed during the current epoch.

The rewards of voting activity.

VePAC has a multitude of benefits in the Pacman ecosystem. such as:

  • Voting Incentive during the first 1-2 epochs

  • Vote on gauge emissions

  • Vote on pools to earn Vote Bribes, and leverage farm Fees

  • Transfer/Merge NFT positions

  • Enjoy Protection Rebases

vePAC Revenue Distribution Schedule after Voting

Vote Bribes and Vote Incentive: Users earn vote bribes immediately after the epoch flips. For example, if there is a 1000 USDC bribe or $1,000 oPAC on a pair, and you are the only voter, you will receive 1000 USDC or $1,000 oPAC claimable at Thursday 00:00 UTC.

Swap Fees: Voters earn trading fees in real-time throughout the week, based on the pool(s) they voted for before the epoch flips.

The user needs to hold vePAC to participate in voting (). vePAC are specialized ERC-721 tokens that implement the vested-vote escrow (ve) model, representing a user's underlying position.

Get a lower oPAC strike price(For )

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How do you get vePAC
Genesis veNFT holders