📊 TRADING & AMMS
Bribes (Bribes / Vote Incentives)
Definition
Bribes (or vote incentives) are token rewards offered to veToken holders in exchange for directing their gauge votes toward specific liquidity pools. Protocols or projects pay bribes to attract emissions to their pools, creating a secondary market for voting power. Platforms like Votium (for Curve) and dedicated bribe markets on Velodrome facilitate this process.
Example
Example
A new stablecoin project deposits $100k in bribes on Votium to attract veCRV votes toward its pool, ensuring deep liquidity for its token.
Risks to Consider
Risks
- Bribe ROI uncertainty
- Mercenary capital
- Governance capture
Common Questions
Are bribes legal/legitimate?
In DeFi, 'bribes' are a standard and transparent mechanism. The term is provocative but the practice is simply paying for voting power to direct emissions — fully on-chain and auditable.
