# Decentralizing rewards allocations and bribing marketplace **URL:** \ **Category:** DAO Proposals\ **Tags:** dao, dao-proposal, dex\ **Created:** [30 November 2024 15:27 UTC](https://community.wingriders.com/t/decentralizing-rewards-allocations-and-bribing-marketplace/221 "2024-11-30T15:27:04Z")\ **Posts on this page:** 8\ **Page:** 1
**Author:** ![hacket0036](https://dub1.discourse-cdn.com/flex005/user_avatar/community.wingriders.com/hacket0036/32/103_2.png) [@hacket0036](https://community.wingriders.com/u/hacket0036)\ **Post date:** [30 November 2024 15:27 UTC](https://community.wingriders.com/t/decentralizing-rewards-allocations-and-bribing-marketplace/221/1 "2024-11-30T15:27:04Z")
Hi, Inspired by the innovative ve(3,3) model, which is revolutionizing decentralized finance (DeFi). The ve(3,3) model, pioneered by protocols like Velodrome, Aerodrome, Thena etc, combines vote-escrowed governance with game-theoretic principles to incentivize long-term alignment, active participation, and efficient capital allocation. By aligning stakeholder incentives through token locking and dynamic reward distribution, ve(3,3) has emerged as a transformative approach to liquidity provision and governance in DeFi. Under this framework, token holders lock their tokens for governance power (veTokens) and voting rights, enabling them to influence reward distribution across liquidity pools. This creates a positive feedback loop where active participation benefits the entire ecosystem. As ve(3,3) gains traction across the industry, its principles are reshaping how protocols align incentives, build sustainable ecosystems, and empower their communities. In light of this paradigm shift, I propose an upgrade to our DEX to incorporate a voting-based reward allocation system rooted in these principles. Token holders would determine reward distribution through governance votes, ensuring that incentives are directed to pools and initiatives that provide the most value to the ecosystem. To prevent centralization and encourage fairness, the system would include quadratic voting and time-weighted token locking, amplifying the influence of smaller participants and rewarding long-term commitments. Moreover, the proposal suggests implementing a transparent bribing marketplace. This marketplace would allow participants to incentivize votes in an open and auditable manner, leveraging smart contracts to ensure fairness and transparency. By formalizing and decentralizing incentivized voting, we can align governance outcomes with the broader interests of the community. Adopting this ve(3,3)-inspired upgrade would position our DEX as a leader in innovation, governance, and decentralization on Cardano. I encourage the team and community to evaluate this proposal and engage in discussions about its potential implementation. Together, we can drive the evolution of our platform and contribute to a more sustainable and transparent DeFi ecosystem. ---
**Author:** ![ilkka](https://dub1.discourse-cdn.com/flex005/user_avatar/community.wingriders.com/ilkka/32/9_2.png) [@ilkka](https://community.wingriders.com/u/ilkka)\ **Post date:** [30 November 2024 16:32 UTC](https://community.wingriders.com/t/decentralizing-rewards-allocations-and-bribing-marketplace/221/2 "2024-11-30T16:32:40Z")
This sounds very interesting, and I think it’s always been a long term goal to make the pool reward/farm system more DAO decision-based. Currently there are criteria in place, like pool TVL & volume playing major deciding factors but the final decisions are still made by Wingriders team. Is there any links/resources you could share here for the example models you are referring to? I believe Sundaeswap has their own governance-based pool reward distribution mechanism. Maybe that’s another good one to look at? Thanks for opening the discussion. ---
**Author:** ![ilkka](https://dub1.discourse-cdn.com/flex005/user_avatar/community.wingriders.com/ilkka/32/9_2.png) [@ilkka](https://community.wingriders.com/u/ilkka)\ **Post date:** [30 November 2024 16:38 UTC](https://community.wingriders.com/t/decentralizing-rewards-allocations-and-bribing-marketplace/221/3 "2024-11-30T16:38:53Z")
I see there’s even more to it with the bribing market! haven’t personally heard this term before. great if you can share any resources and any live implementations as examples! ---
**Author:** ![hacket0036](https://dub1.discourse-cdn.com/flex005/user_avatar/community.wingriders.com/hacket0036/32/103_2.png) [@hacket0036](https://community.wingriders.com/u/hacket0036)\ **Post date:** [30 November 2024 16:49 UTC](https://community.wingriders.com/t/decentralizing-rewards-allocations-and-bribing-marketplace/221/4 "2024-11-30T16:49:10Z")
This is a reference article from MEXC : > **[Exploring Ve(3,3): A Comprehensive Guide to Understanding the Tokenomics Model...](https://blog.mexc.com/exploring-ve33-a-comprehensive-guide-to-understanding-the-tokenomics-model-creator-kingsley/)** > > Ve(3,3) tokenomics model is a collaboration between VeChain and 3,3. It is a dual token economic design that allows sustainability. ---
**Author:** ![ilkka](https://dub1.discourse-cdn.com/flex005/user_avatar/community.wingriders.com/ilkka/32/9_2.png) [@ilkka](https://community.wingriders.com/u/ilkka)\ **Post date:** [30 November 2024 16:50 UTC](https://community.wingriders.com/t/decentralizing-rewards-allocations-and-bribing-marketplace/221/5 "2024-11-30T16:50:44Z")
thanks for sharing! I’ll look into it more later 🙂 ---
**Author:** ![hacket0036](https://dub1.discourse-cdn.com/flex005/user_avatar/community.wingriders.com/hacket0036/32/103_2.png) [@hacket0036](https://community.wingriders.com/u/hacket0036)\ **Post date:** [30 November 2024 16:51 UTC](https://community.wingriders.com/t/decentralizing-rewards-allocations-and-bribing-marketplace/221/6 "2024-11-30T16:51:07Z")
A good starting point, I believe would be to check live modern implementations on Aerodrome dex ---
**Author:** ![hacket0036](https://dub1.discourse-cdn.com/flex005/user_avatar/community.wingriders.com/hacket0036/32/103_2.png) [@hacket0036](https://community.wingriders.com/u/hacket0036)\ **Post date:** [30 November 2024 16:57 UTC](https://community.wingriders.com/t/decentralizing-rewards-allocations-and-bribing-marketplace/221/7 "2024-11-30T16:57:37Z")
The basic use case : Liquidity providers earn reward (voting) tokens, people who lock the voting tokens on a pool split the trading fees depending on the amount and lock duration. The bribing marketplace is opening the doors transparently for projects to incentivize token distribution on specific pool which are then split to the voters in that pool, same as the fees, based on their voting amount and locked duration. One of the key benefits other than decentralization and sustainability, is that in encourage ecosystem growth where new kind of projects can build around and create new defi use cases. ---
**Author:** ![hacket0036](https://dub1.discourse-cdn.com/flex005/user_avatar/community.wingriders.com/hacket0036/32/103_2.png) [@hacket0036](https://community.wingriders.com/u/hacket0036)\ **Post date:** [18 December 2024 19:32 UTC](https://community.wingriders.com/t/decentralizing-rewards-allocations-and-bribing-marketplace/221/8 "2024-12-18T19:32:16Z")
Adding a list of ve(3,3) dexes for reference : - Velodrome Finance (Optimism) - Aerodrome Finance (Base) - Camelot Dex (Arbitrum) - Thena Finance (BSC) - Cellana Finance (Aptos) - Pharaoh Exchange (Avalanche) - Lynex (Linea) - Yaka Finance (Sei) - Stellaswap (Moonbeam) - Nuri Exchange (Scroll) - Equalizer (Fantom) - Ramses Exchange (Arbitrum)