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TokenomicsVoting MechanismUpdating Your Vote

Updating Your Vote

Vote flexibility is crucial for adapting to changing pool dynamics, new incentives, or shifts in your strategy.

When to Update:

  • New pool incentives are announced
  • Your liquidity position changes
  • Pool APRs shift significantly
  • Strategic reallocation based on market conditions

Update Process:

  1. Click “Update Votes” (formerly “Vote” button) on your dashboard update vote

  2. The voting interface appears with your current allocations displayed

  3. Modify percentages as desired:

  • Increase allocation to preferred pools
  • Decrease or remove allocation from others
  • Add votes to newly whitelisted pools
  1. Update Cost:
  • You’ll be charged 1 DXLYN per update as an anti-spam measure
  • This fee is in addition to network transaction fees
  • The fee is burned or sent to the treasury (check protocol specifics)
  1. Confirm both transactions:
  • First transaction: Pay the 1 DXLYN update fee
  • Second transaction: Submit the new vote allocation
  • Both must complete for the update to take effect
  1. Your vote updates immediately for the current epoch

  2. New emission reward estimates reflect your updated allocation

Update Limitations:

  • Updates can only be made during an active epoch
  • You cannot update after the epoch ends (wait for the new epoch)
  • Each update costs 1 DXLYN regardless of how many pools you’re modifying