Gauges

A gauge is a smart contract that takes in LP tokens and rewards the depositors with PEG tokens and other additional Incentives.

Gauges are a governance mechanism that allow vePEG holders to allocate PEG Emissions via voting. Gauges make it possible for the community to self-direct the growth of the Hyperstable ecosystem by giving each vePEG token holder the power to direct liquidity provision to certain pools.