# Emission Votes and Gauge Weights

Prisma's governance allows **vePRISMA** holders to vote on how **Prisma** emissions will be distributed by assigning weights to each emission stream's "gauge". As a holder of **vePRISMA**, Convex Finance can participate in these voting procedures, and these voting rights are passed on to **vlCVX** holders.

## **Voting Rules and Information:**

* Voting will be done via [Snapshot](https://snapshot.org/#/cvx.eth).
* Gauge weight votes will be done **weekly,** starting Thursdays at 00:00 UTC and ending on Tuesdays at 00:00 UTC.
* Individual **vlCVX** holders may spread their votes among multiple pools in the gauge weight vote.
* For emission votes, Convex may allocate up to 20% of the protocol’s **vePRISMA** for strategic reasons such as optimizing liquidity. The rest of the votes get distributed proportionally according to **vlCVX** votes.
* Only up to 20% of Convex allocation may be used on a **Prisma** wrapped asset such as **cvxPrisma**. Any amount over this will be distributed proportionally to other pools.
* Other votes may be addressed as they arise. Read more on [Prisma Finance documents ](https://docs.prismafinance.com/governance/dao-admin-voting#types-of-admin-votes)for further vote types.
* For discourse on proposals, head to [governance forum](https://gov.prismafinance.com/) of Prisma Finance or Convex Discord [#cvx-voting](https://discord.com/channels/820795644494610432/885859948402208798) channel

## Voting on weekly emissions:

**Weekly emissions votes** determine how much a certain action within the Prisma Protocol will be incentivized with **Prisma** tokens. Across the Prisma protocol, there are four types of actions that are incentivized with **Prisma** tokens.

#### 1. Depositing in the stability pool:

Named "Stability Pool" within the Weekly Emissions Votes. It determines how much **Prisma** will be directed towards incentivizing stability pool **mkUSD** depositors. 

Rewards are distributed proportional to how much **mkUSD** is deposited in the stability pool and streamed over time.

#### 2. Maintaining an active debt position (with a particular collateral): 

Named "debt-token" within the weekly emissions votes. It determines how much **Prisma** will be directed towards incentivizing having a vault with an active debt position with a particular collateral.

Rewards are distributed proportional to how much **mkUSD** debt has accrued and streamed over time. The emissions affected by this vote are highlighted below.

#### 3. Minting new mkUSD (with a particular collateral): 

Named "mint-token" within the Weekly Emissions Votes. It determines how much **Prisma** will be directed towards incentivizing new **mkUSD** minting with a particular collateral. 

Rewards are distributed proportionally to how much new **mkUSD** users have minted in a day and given as a lump sum at the end of the day. The emissions affected by this vote are highlighted below.

#### 4. Staking LP tokens: 

Named "LPTOKEN--Curve/Convex" within the Weekly Emissions Votes. It determines how much **Prisma** will be directed towards incentivizing and staking these LP positions on Prisma Finance.

Rewards are paid out proportional to how much LP tokens are deposited and streamed over time.

### Strategic considerations for weekly emissions votes

* Stability pool liquidity is crucial for the health of the Prisma Finance protocol. Consider prioritizing voting with greater weight for the stability pool when liquidity is below optimal for this pool.
* When a vault is at or near new **mkUSD** capacity, consider voting with less weight for the "mint-TOKEN" option and direct their votes to other options.