# Timeline after launch

GEM STOCKS divides the voting period into weekly epochs. Within each timeframe, emissions are voted on by a gauge voting system. To encourage optimal behavior from the outset, protocol features will be implemented in the first three epochs.

<figure><img src="https://216355867-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FYKt90g2QnGi65YQ8do90%2Fuploads%2FOO824mnUjVq6FHLvzSiE%2Fimage.png?alt=media&#x26;token=536df0e5-d9f6-4c88-9211-a04d15c8da36" alt=""><figcaption></figcaption></figure>

#### Epoch 0

* Launch of GEM STOCKS
* Users can apply for an airdrop
* The protocol receives an initial allocation of veGEM
* veGEM holders can vote for the first time
* No bribes
* It is not recommended to purchase or LP GEMC during this epoch

#### Epoch 1 <a href="#id-9vc3kac1poty" id="id-9vc3kac1poty"></a>

* GEMC emissions will begin based on the results of the voting at Epoch 0
* Bribery protocol is initiated
* GEMC/USDT pool begins
* veGEM holders may vote a second time

#### Epoch 2

* veGEM voters can claim the bribe distribution incurred in Epoch 0.
* Rebasing of veGEM begins
* veGEM holders can vote a third time

#### Epoch 3

* veGEM voters can claim the bribe distribution incurred in Epoch 1.
* veGEM voters can claim the fee distribution incurred in Epoch 1.
* veGEM is rebased
* veGEM holders can vote for the fourth