Emissions
GIGA does not use epochs, gauge votes, or bribe markets. Emissions are allocated by the protocol based on a single signal: pool revenue. This is the core mechanism of the protocol. See What is GIGA?.
How Rebalancing Works
Each gauged pool generates swap-fee revenue continuously. Every hour, the protocol’s emissions controller:
- Measures the rolling revenue of each gauged pool.
- Recalculates each pool’s share of the emission stream in proportion to that revenue.
- Applies the new allocation. Pools with more volume receive more GIGA; quieter pools receive less.
Emissions follow the liquidity the market is using, with a reaction time of hours rather than weekly epochs.
The Emissions Reserve
Emissions are paid from one place: the LP Emissions Reserve, 400M GIGA (40% of supply) set aside at genesis. It is a finite asset. Nothing refills it, no contract can mint into it, and once it is spent it is gone. Every GIGA an LP earns comes out of this one basket, and it is the only ongoing distribution of GIGA there is. See Tokenomics.
The reserve vests over three years, and the vested amount is a hard ceiling. The controller cannot emit more than has vested, regardless of how much revenue pools generate.
The controller is not required to spend everything that vests. Tokens that go unused stay in the controller and remain available for future allocation, so quiet periods stretch the reserve rather than waste it.
Incentives
Emissions go to gauged pools. Protocols that want emissions on their own pools can arrange incentives directly with the GIGA team. The protocol chooses the size and duration of its incentive, and emissions are directed to its pools for that period. Reach the team on Discord.
Summary
There are no epoch resets, no voting cycles, no bribes-as-votes layer, and no external governance market deciding where emissions go. Rewards stream continuously, from a fixed reserve, and only to active liquidity.