From a liquid token to governance power
Vote escrow asks participants to commit an underlying token for a defined period in exchange for governance influence. For Bedrock DAO, the liquid token is BR and the governance representation is veBR. The two balances should not be interpreted as interchangeable spending balances.
Voting influence over time
The documented ve-model increases governance voting weight as eligible stakes remain committed, subject to governance parameters and resets. It is not the same thing as an APY calculation. Voting power is intended to reflect participation in collective decisions rather than a guaranteed asset payout.
Gauges, incentives and proposals
Governance gauges help direct incentives or emissions among destinations. Voting takes place during the appropriate phase of an epoch; the result may determine distributions in a subsequent phase. Read any proposal and gauge description before voting because allocating weight carries governance consequences.
Practical considerations
A wallet should confirm its veBR eligibility and available voting weight, examine current gauge choices, and check whether a vote can be changed during that epoch. Rules may evolve through governance and live contracts, so older reference numbers must not override the current application state.
Frequently asked questions
What is vote-escrow governance?
Vote-escrow governance converts an eligible token position into governance power for a defined participation model, allowing voting weight to reflect staking or lock conditions.
Why does Bedrock DAO use Aragon governance?
The documentation uses Aragon-based governance concepts to structure voting, gauges, proposals and the relationship between BR staking and veBR voting power.