$veLAIKA Role
veLAIKA is what you receive for staking LAIKA. It cannot be transferred, and it gives you a vote on where LAIKA emissions go and on which Cabal launches win. In return, you collect the incentives projects post to win your vote.
What veLAIKA votes on#
- Gauge weights. Which tokens receive each epoch's LAIKA emission.
- Cabal curation. The sealed votes that pick curated launches. Initially veLAIKA-only; opening to all ecosystem veTOKENs soon.
- The LAIKA DAO. Proposals on the LAIKA treasury.
Protocol settings such as epoch length, accepted incentive tokens and Laika's fee rates are currently managed by Laika.
What veLAIKA earns#
- Incentives posted on the tokens you vote for, shared by vote weight.
- Pool fees that DAOs and creators route to their token's voters.
- The voters-only window on Cabal winners you backed.
Laika can also send part of each epoch's emission to the LAIKA staking pool. Incentives can be claimed in the app once an epoch is finalized.
Locking and voting power#
- On mainnet, stake LAIKA without a lock for 1× veLAIKA, or lock for 15, 30, 45, 60 or 90 days for 1.5×, 2×, 2.5×, 3× or 4× respectively.
- veLAIKA cannot be transferred, so influence comes from staking.
- Voting power is read at a snapshot: the end of the epoch for gauge votes, the session start for Cabal votes and the proposal's creation for DAO votes.
- No-lock stakes can be unstaked at any time. Fixed-term locks have no early exit; you can unstake once the lock ends.
See StakeOS for the full staking rules.
Weekly routine#
- Stake LAIKA and choose no lock or a fixed-term lock.
- Set your vote split, up to 8 tokens. It carries over to the next epoch until you change it.
- Check the incentives posted on each token and how its pool is doing.
- Once the epoch is finalized, claim your incentives.
- During a Cabal session, commit your ballot in the 7-day commit phase and reveal it within 24 hours, or let Laika reveal it for you.
Curation (LaunchOS)#
Cabal ballots stay sealed until the reveal. Every token that gets at least 10% of the revealed votes wins, and its voters can buy first during a 5-minute voters-only window.
How it fits with veTOKEN#
veLAIKA routes emissions across projects. Each veTOKEN governs its own project. Cabal curation is initially limited to veLAIKA and will soon open to all veTOKENs across the ecosystem; voting weights for that expansion will be detailed separately. Projects compete for veLAIKA emission votes with incentives and pool fee routing.
Defaults#
- Epoch length: 7 days. The next epoch starts when the previous one is finalized, which anyone can do.
- Incentives are accepted until the epoch ends.
- A vote split covers up to 8 tokens.
Risks (plain language)#
- Nothing is guaranteed. Incentives and emissions depend on votes and market prices.
- Locks are binding, with no early exit.
- Incentives are final once deposited.
- All votes, weights and payouts are on-chain. Verify official links and contracts in the app.