The protocol operates in one-week epochs, starting and ending at 00:00 UTC every Thursday. Voting begins one hour after the epoch starts and ends one hour before it concludes. At the beginning of every epoch, all previous votes are reset. To continue earning trading fees, veSAIL holders must participate in each new epoch by submitting their volume predictions for selected pools. If a veSAIL holder does not vote during an epoch, they will not receive any share of fees for that period.veSAIL holders can adjust their votes at any point during the voting period, allowing them to respond to market shifts or updated data.
Voter rewards are determined by how accurately a prediction matches the pool’s actual volume and how it performs relative to other voters. More accurate predictions earn a larger share of the fees, with rewards scaled by the amount of voting power committed. The final payout also depends on how much voting power you assign to the pool and the total voting power contributed by all voters to that pool.Rewards are calculated as such:payouti=(∑j=1Nvj)⋅∑k=1N[vk⋅f(∣T−Gk∣)]vi⋅f(∣T−Gi∣)