Gauge

A Gauge is a smart contract that takes in LP tokens and rewards the depositors with PEG tokens and other additional Incentives. Gauges are a governance mechanism that allow vePEG holders to allocate PEG Emissions via voting. Gauges make it possible for the community to self-direct the growth of the Hyperstable ecosystem by giving each vePEG token holder the power to direct Liquidity Provision to certain pools. vePEG voters earn all protocol fees that flow to the gauge they are voting for.