Voting
This guide walks you through the process of using your veMEZO to vote on gauges and earn incentive rewards on Matchbox.
Prerequisites
Section titled “Prerequisites”Before you begin, make sure you have:
- A connected wallet with veMEZO position(s)
- Small amount of BTC for transaction fees
- Understanding of epochs and timing
Don’t have veMEZO yet? Visit Mezo Earn to lock MEZO tokens.
Quick Start
Section titled “Quick Start”- Connect your wallet
- Go to the veMEZO page
- Select your veMEZO position
- Browse gauges and their incentives
- Allocate your voting power
- Confirm the transaction
- Return to Dashboard to claim rewards after the epoch
Step-by-Step Voting Process
Section titled “Step-by-Step Voting Process”Step 1: Navigate to the veMEZO Page
Section titled “Step 1: Navigate to the veMEZO Page”From the Matchbox homepage or navigation bar, click veMEZO (or “Vote to Boost”).
You’ll see the voting interface with:
- Position selector (top)
- Gauge list (main area)
- Your voting summary (sidebar or bottom)
Step 2: Select Your veMEZO Position
Section titled “Step 2: Select Your veMEZO Position”If you have multiple veMEZO NFTs, choose which one to vote with:
- Look at the position carousel at the top
- Browse through your veMEZO positions
- Each card shows:
- Locked MEZO amount
- Current voting power
- Lock status and expiry
- Already-used weight (if any)
- Click to select the position you want to use
Step 3: Browse Available Gauges
Section titled “Step 3: Browse Available Gauges”The main area displays all active gauges. For each gauge, you can see:
| Metric | What It Tells You |
|---|---|
| Display Name | Gauge identity |
| Current APY | Estimated annual return based on current state |
| Incentives | Tokens being offered this epoch |
| veMEZO Weight | Total votes already allocated |
| Boost Level | Current boost multiplier |
Step 4: Evaluate Opportunities
Section titled “Step 4: Evaluate Opportunities”Before allocating votes, consider:
High APY Gauges
Section titled “High APY Gauges”- Higher APY = better potential returns
- But check the competition (total veMEZO weight)
- APY may decrease as more votes come in
Under-Boosted Gauges
Section titled “Under-Boosted Gauges”- Gauges far from 5x boost may offer better value
- Your votes have more impact on their boost
- Often correlates with higher APY
Gauge Profiles
Section titled “Gauge Profiles”Click on a gauge to see:
- Full description and strategy
- Social links and community info
- Historical performance
- Incentive breakdown by token
Step 5: Allocate Your Votes
Section titled “Step 5: Allocate Your Votes”Once you’ve identified target gauges:
- Enter allocation percentage for each gauge
- Your allocations must sum to 100% (or less if you want to leave some unallocated)
- Watch the projected APY update as you adjust
- Review your total allocation in the summary panel
Allocation Tips
Section titled “Allocation Tips”- Diversify: Spread across 2-4 gauges to reduce risk
- Concentrate: Focus on 1-2 gauges for maximum impact
- Leave buffer: You can allocate less than 100% if uncertain
Step 6: Review and Confirm
Section titled “Step 6: Review and Confirm”Before submitting:
- Double-check your allocations
- Verify the projected APY looks reasonable
- Ensure you’re within the voting window (not first/last hour of epoch)
- Review the transaction details
Step 7: Submit Your Vote
Section titled “Step 7: Submit Your Vote”- Click the Vote or Submit button
- Your wallet will prompt for transaction approval
- Confirm the transaction
- Wait for blockchain confirmation
- Success message confirms your votes are recorded
After Voting
Section titled “After Voting”Monitor Your Position
Section titled “Monitor Your Position”On the Dashboard, you can track:
- Your current vote allocations
- Accumulated rewards (updates throughout epoch)
- Projected earnings
- Current APY
Epoch End
Section titled “Epoch End”When the epoch ends:
- Final rewards are calculated
- Your share of incentives is determined
- Rewards become claimable
Claiming Rewards
Section titled “Claiming Rewards”- Go to the Dashboard
- Find the Claimable Rewards section
- View your earned incentives by token
- Click Claim to transfer to your wallet
- Confirm the transaction
Advanced Voting Strategies
Section titled “Advanced Voting Strategies”Strategy 1: APY Chasing
Section titled “Strategy 1: APY Chasing”Focus on the highest-APY gauges each epoch.
Pros:
- Maximum potential returns
- Simple decision-making
Cons:
- High competition may dilute returns
- APY fluctuates throughout epoch
Strategy 2: Value Hunting
Section titled “Strategy 2: Value Hunting”Target gauges with fewer votes but decent incentives.
Pros:
- Higher share of incentives
- Your votes matter more
Cons:
- Lower total incentive pools
- May require more research
Strategy 3: Loyalty
Section titled “Strategy 3: Loyalty”Consistently vote for the same gauges each epoch.
Pros:
- Build relationships with gauge owners
- May receive additional perks
- Less time-consuming
Cons:
- May miss better opportunities elsewhere
- Locked into specific performance
Strategy 4: Diversified Portfolio
Section titled “Strategy 4: Diversified Portfolio”Spread votes across multiple gauges based on different criteria.
Pros:
- Reduced risk
- Exposure to multiple opportunities
- Balanced returns
Cons:
- Diluted impact per gauge
- More complex to manage
Voting Best Practices
Section titled “Voting Best Practices”Timing
Section titled “Timing”- Vote early in the epoch to secure your position
- Don’t wait until the last minute - voting closes 1 hour before epoch end
- Set calendar reminders for each Thursday (epoch start)
Research
Section titled “Research”- Check gauge profiles before voting
- Review historical performance in gauge details
- Monitor community channels for gauge updates
Optimization
Section titled “Optimization”- Compare APY across gauges before deciding
- Factor in your voting power - larger positions may prefer diversification
- Consider token preferences - do you want rewards in BTC, MEZO, or other tokens?
Risk Management
Section titled “Risk Management”- Don’t over-concentrate in a single gauge
- Verify gauge legitimacy through profiles and socials
- Start small if you’re new to evaluate performance
Troubleshooting
Section titled “Troubleshooting”Can’t See My veMEZO
Section titled “Can’t See My veMEZO”- Ensure wallet is connected to Mezo Network
- Verify you have veMEZO positions (lock MEZO on Mezo Earn)
- Try disconnecting and reconnecting wallet
Vote Transaction Failing
Section titled “Vote Transaction Failing”- Check you’re within voting window (not first/last hour)
- Ensure sufficient BTC for gas fees
- Verify allocations sum to ≤100%
APY Lower Than Expected
Section titled “APY Lower Than Expected”- More votes came in after you, diluting your share
- Incentive amounts changed
- Price fluctuations in reward tokens
Missing Rewards
Section titled “Missing Rewards”- Wait for epoch to fully transition
- Rewards may take a few minutes to appear
- Check you actually voted (transaction confirmed)
Frequently Asked Questions
Section titled “Frequently Asked Questions”Can I change my vote during an epoch?
Section titled “Can I change my vote during an epoch?”Yes, you can reset and reallocate your votes anytime within the voting window.
What happens if I don’t vote?
Section titled “What happens if I don’t vote?”You receive no incentive rewards for that epoch. Your veMEZO still earns rebase rewards, but you forfeit gauge incentives.
Do my votes carry over to the next epoch?
Section titled “Do my votes carry over to the next epoch?”No. Votes reset to zero at each epoch start. You must vote every week.
Can I vote with multiple veMEZO positions?
Section titled “Can I vote with multiple veMEZO positions?”Yes, select each position separately and allocate its voting power.
When can I claim my rewards?
Section titled “When can I claim my rewards?”After the epoch ends (Thursday 00:00 UTC). Rewards don’t expire - claim when convenient.
Next Steps
Section titled “Next Steps”- Understanding Gauges - Learn more about what you’re voting on
- Dashboard Guide - Track your performance
- FAQ - More answers to common questions