Skip to main content

External Incentives

While partner projects typically provide external incentives (formerly “bribes”), they aren’t the only ones who can. Any user can create external incentives to encourage voting for pairs with active gauges.

Orvex can also support this by allocating a portion of protocol revenue or treasury funds to incentivise specific pools, helping to foster active participation and a healthier liquidity distribution.

Incentives methodology

For Orvex’s external incentive methodology, gauge performance is assessed based on TVL efficiency and fee generation. Using internal analytics, the team can manually direct incentives to better reflect each gauge’s real contribution.

In some cases, especially with partners, Orvex may use incentive-matching agreements to help kickstart new gauges, making it easier for them to attract attention and liquidity from the outset.

Claiming external incentives

When an epoch flips, all rewards tied to that voting period become claimable.

To claim:

  1. Go to the Rewards page.
  2. Select the veNFT that was used for voting.
  3. Claim the corresponding rewards for the gauges you supported.