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.

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

  • 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

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