Any user/ protocol can add ‘Bribe’ to a liquidity pool to attract votes and consequently get more emission to the pool.
When a user/protocol is bribing for the first time, they have to undergo 2 approvals;
- 1.Approve spend of token user is bribing with by the Voltswap bribe contract
- 2.Create Bribe
Bribe, once created, is visible on the ‘Vote’ page.
Note: The swap fees are distributed to the veVOLT holders as bribes. Since. it is the source of revenue for veVOLT holders, they will try to maximize their revenue by voting to liquidity pools with maximum fee potential