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Voting and Gauge Weights

vlCVX holders will collect 7% of all FXS emissions from pools staked on Convex, paid out as cvxFXS.
Frax governance proposals are available for vlCVX holders to vote on. Voting will take place on Snapshot.
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.