Empowering Your veOCX with Vote Delegation: Simple, Smart, and Strategic

Ocelex introduces Vote Delegation as a streamlined way for veOCX holders to participate in governance and emissions allocation without the need for hands-on management. By leveraging Vote Managers, users can sit back and allow professionals to handle their voting power while still reaping the full rewards. Whether you’re new to ve(3,3) ecosystems or a seasoned DeFi veteran, Vote Delegation offers simplicity, efficiency, and optimized results.

What Is Vote Delegation?
Vote Delegation allows veOCX holders to assign their voting power to a Vote Manager who will handle voting on their behalf. This process is entirely optional but offers a convenient solution for those looking to maximize their rewards without actively managing their votes.

Why Use Vote Delegation?

1. Ease of Use
   Managing your veOCX voting power can involve analyzing multiple gauges, calculating APRs, and monitoring performance weekly. For many, this can be time-consuming. By delegating to a Vote Manager, you can save time and let experts handle the details.

2. Diverse Strategies
   Each vote manager employs distinct strategies—some prioritize directing emissions to their own pools while offering attractive rewards to their delegates. Their ultimate goal is to attract more delegated votes and strengthen their influence. To achieve this, they must strike a careful balance between emissions allocation and ensuring competitive vote returns for veOCX holders.

3. Passive Income
   Once delegated, you’ll automatically earn rewards from the gauges selected by your Vote Manager. This includes:

   • Trading fees from the chosen pools.
   • External incentives (Bribes) deposited by pool creators.
   • Weekly veOCX rebases, adding to your locked voting power over time.

4. No Additional Work
   Delegating your votes means you won’t need to worry about missing voting deadlines or monitoring pool performance—Vote Managers handle everything for you.

How Does It Work?

1. Delegate Your veOCX Voting Power
   Head to the Ocelex app, select your Vote Manager of choice, and delegate your veOCX. This process is straightforward and can be adjusted or reversed at any time.

2. Vote Manager Executes Votes
   Your chosen Vote Manager analyzes gauge performance and casts votes on your behalf, focusing on pools that maximize rewards.

3. Earn Rewards Automatically
   As gauges generate trading fees and receive external incentives, you’ll earn a share of the rewards based on your delegated voting power. Rewards are distributed directly to your wallet.

Note. Due to our delegation mechanics, there is a one-epoch delay for your actions to come into effect.

Choosing the Right Vote Manager

Ocelex partners with trusted and experienced Vote Managers, ensuring that your voting power is in safe hands. Each Vote Manager may have their own strategies, so you can select one that aligns with your goals—whether it’s maximizing bribes, prioritizing specific pools, or targeting long-term liquidity incentives.

Retain Full Control

While Vote Delegation provides a hands-off experience, it doesn’t mean you’re locked in. You can:

• Switch Vote Managers at any time.
• Undelegate and take back control of your veOCX votes.
• Manually vote if you prefer a more active role. Note that these changes will take effect in the following epoch.

A Smarter Way to Participate in Governance

Vote Delegation represents the perfect blend of simplicity and strategy, allowing veOCX holders to maximize rewards while minimizing effort. With Ocelex’s Vote Managers, you don’t need to be a DeFi expert to enjoy the full benefits of the ve(3,3) model—just delegate and earn.

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