Voting and Gauge Weights
vlCVX holders will collect 7% of all FXS emissions from pools staked on Convex, paid out as cvxFXS.
Convex will allocate 20% the protocol’s veFXS to optimize liquidity and FXS rewards for vlCVX holders and LPs during gauge-weight votes.
The remaining 80% of veFXS weight will be distributed proportionally according to the bi-weekly vlCVX gauge votes on pools that are on both Curve and Frax eg. Frax metapools.