Incentive Voting is where users vote to determine the distribution of the weekly EPX incentives across the different pools.
Users with locked EPX, or vlEPX, can participate in these votes which begin on Thursdays at 00:00:00 UTC and end the following Wednesday at 23:59:59 UTC.
When voting closes, 1/4 of that month’s EPX rewards is split according to the vote and supplied to the pools.
Votes are reset to zero each week and the voting cycle starts again.
Voting on Ellipsis.finance
In the image above, the dai3EPS pool has 41.24% of the votes and would receive 41.24% of the EPX emissions as a reward for providing liquidity to that pool.
EPX incentive distribution as dictated by voting results
Users with vlEPX vote on https://ellipsis.finance/vote by clicking vote on the vote table for the pool they wish to support, filling in the amount they wish to vote and then clicking the "Submit Vote" button:
Accept the transaction and your vote will be submitted.