$SKY Gauges

As outlined in the protocol overview, to activate a gauge, a token must be whitelisted. Partners will have distinct gauges for the tokens within their ecosystems, determined on a token-by-token basis. Additionally, gauges for certain "core" tokens might be established at the team's discretion.

Fees and Gauge-Less LP Fees

Trading fees derived from LPs without gauges are directed to the treasury. Skydrome identified this as an optimal strategy, noting that certain projects could establish trading pairs, bypass the gauge application process, and derive benefits from the protocol without contributing in return. After the creation of a gauge, all subsequent fees are used as incentives for voters. Hence, it's advisable for projects to adhere to the aforementioned guidelines.