How gauges work
Lock $SPEND. Point it at a stock.
Voting power decides where the buy goes. That is why people pay you to vote their gauge.
1
Lock $SPEND
Token launches on Pons. You lock it. That mints veSPEND, same idea as veCRV.
2
Vote a gauge
Every stock has a gauge. You put your votes on the tickers you want bought.
3
Win the epoch
Weekly. Highest $SPEND weight gets the buy. You can send the whole thing to one name.
4
Get paid to point it
A community or a company can pay extra to voters who pick their gauge. That is why a vote can be worth more than the base buy.
5
Users feel the boost
More votes can raise that ticker's stock reward. 1% AAPL can become 1.8% AAPL next week. Then people spend there on purpose.
Why Curve wars paid
Your vote could be worth 150 instead of 100.
On Curve, votes decided where CRV emissions went. Protocols paid voters to point those emissions at their pool. You still got the base emission. You also got the bribe. 100 units of value plus 50 on the side. 150. Voters became mercenaries for a reason.
Curve epoch
100 CRV
to hand out that week
No bribe
10%
your pool gets 10 CRV
With a bribe
10 + 5
base plus extra for voting that gauge
Same game here
$SPEND points the stock-buying budget.
Say next week's gauge-controlled treasury is $100,000. No extra incentives and NVDA sits at 15%, so the protocol buys $15k of NVDA. The NVIDIA crowd wants more. They put $20k on the table for anyone who votes NVDA. Votes show up. NVDA goes to 35%. spend.fun buys $35k NVDA instead of $15k. They spent $20k and moved $20k more of protocol buying onto their ticker.
Budget
$100k
gauge-controlled buy
NVDA before
15%
$15k bought
NVDA after $20k incentives
35%
$35k bought
A company can do this too
Nike, or an NKE crowd, drops $50k into the NKE incentive pool. $SPEND voters get their normal lock benefits plus extra for voting NKE. More votes. Bigger NKE allocation. More protocol buying and a higher NKE reward rate. Marketing spend turns into consumer stock ownership.
Now the shopper feels it
Normal Apple reward is 1%. A $1,000 Apple swipe shows $10 AAPL. If the AAPL gauge is winning and boosted, that rate can go to 1.8%. Same swipe shows $18 AAPL. That is how the war hits the card.
Curve Wars, except protocols aren't fighting for liquidity emissions. Companies and communities are fighting for consumer stock rewards.
$SPEND holders vote. That stock gets more allocation. People spending there get a higher stock reward. More activity. Then the fight starts again next week.
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