Bribe Markets

Bribe markets enable third parties to compete for PIL rewards by offering incentives to SFI voters. Third parties include DEXes, lending markets, stablecoin issuers, or even bigger LPs. These incentives create a dynamic marketplace where economic forces guide governance decisions.

Bribes Explained:

• Bribes are payments made by third parties to influence how SFI stakers vote on PIL allocations.

• In return, these parties receive a continuous stream of USFI rewards.

• Payments are distributed weekly based on voter participation.

Bribes offer permissionless access, allowing any protocol to offer them without prior approval or whitelisting. This structure ensures bribes are accessible to a wide range of participants, while market forces determine the most efficient allocation of PIL rewards. Another benefit is that rewards can be distributed anywhere within DeFi, not limited to the confines of a specific DEX or lending platform, as is usually the case. You can check the currently supported protocols here.