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Jul 3, 2026

The JewelSwap Gauge: How Stakers Govern Validator Delegation

The JewelSwap Gauge lets stakers vote on how liquid-staked tokens are delegated across validators. Here's how voting power, the weekly cycle and the 10-day revote rule work.

The JewelSwap Gauge: How Stakers Govern Validator Delegation

When you liquid-stake through JewelSwap, your tokens get delegated across a set of network validators. But who decides how much stake each validator receives? You do — through the Gauge, JewelSwap's on-chain governance vote that puts delegation decisions in the hands of stakers rather than a centralized operator.

What the Gauge is

The Gauge is the voting process carried out by JewelSwap stakers to determine validator delegation weights. Instead of the protocol unilaterally choosing where staked assets go, holders of the staked tokens vote, and those votes translate directly into how the underlying stake is distributed.

How voting power works

Your voting power comes from your staked position. On MultiversX, for example, JWLASH stakers direct how EGLD is delegated among whitelisted validators. The percentage of votes a validator receives determines the proportion of stake delegated to it — vote weights map straight onto delegation weights.

The voting cycle

Voting runs on a schedule. Voting power refreshes each Thursday at the epoch change, and each validator's allocation can only be revoted every 10 days, so weights can't be whipsawed from one moment to the next. When the protocol needs to reduce delegation, it undelegates systematically — starting from the least-voted validator — so the community's preferences are respected even when stake is being pulled back.

Why it matters

Validator selection is a real decision: it affects reward rates, decentralization, and network health. By handing that decision to stakers, the Gauge turns liquid staking from a passive yield product into something you help govern. And because the same gauge model runs across JewelSwap's chains — Sui, MultiversX and Radix — participating on one network prepares you to participate on all of them.

Getting involved

If you hold a JewelSwap staked token, you're already eligible to vote. Casting your weight toward the validators you trust is how you shape where the protocol's delegation flows — a small action that, across many stakers, keeps validator selection decentralized. 🙏

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