This section explains more about how MAHA NFTs can be used for voting on where MAHA emissions go.
A certain percentage of the
MAHAinflation is directed to users who provide liquidity within the protocol.
A liquidity provider deposits their liquidity pool (LP) tokens into the gauge to receive these
MAHArewards. The more votes from
MAHAXholders a gauge receives, the more share of
MAHAemissions it receives.
The pool voting page that showcases how much votes a pool receives
Each user receives a share of newly minted
MAHAproportional to the amount of LP tokens they've deposited. Additionally, rewards may be boosted by up to a factor of
5xif the user holds a
MAHAX NFT(to learn more about boosting, read Boosting Pool Incentives).
To protect the protocol from malicious tokens/gauges a whitelist mechanism is enforced. This ensures that every contract that receives with
MAHAemissions is properly reviewed by the community.