> For the complete documentation index, see [llms.txt](https://docs.spiral.farm/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.spiral.farm/protocol/vote-incentives-market.md).

# Vote Incentives Market

Spiral DAO strives to become the primary buyer/seller within the vote incentive marketplace and aims to make it as rational as possible. All liquidity in the DAO will be POL (Protocol-Owned Liquidity), and the DAO will seek gauges for all important protocols. POL + gauges allow Spiral to collect the majority of emissions from the bribes market directly into the Treasury DAO.

## Maintaining balanced treasury exposure

Vote incentives markets are an essential instrument for Spiral to sustain a desirable proportion of different assets. Spiral DAO "arbitrages" bribe markets to gain more yield, greater exposure, and rebalance the Treasury.

#### For example, if the DAO wants to increase the proportion of BAL in the treasury and decrease CRV, the DAO will do the following:

1. sell CRV votes on the vote incentive market for stablecoins
2. with those stables buy votes on Aura/Balancer vote incentive market 
3. allocate those votes to the POL gauge 
4. get an additional emission of BAL/AURA

<figure><img src="/files/ksmxdZVjnUIrfG8vJxkv" alt=""><figcaption><p>Treasury rebalancing process visualization.</p></figcaption></figure>

As a result of these measures, the relative portion of BAL-AURA tokens in the treasury will increase while the CRV portion decreases as it will use its own emissions-by-votes to get stables.

By engaging this mechanism, we create additional liquidity for the vote incentives market.

> **Thus, as a byproduct of how the Spiral DAO operates, it makes the vote incentives market more rational and efficient for all participants and protocols that engage in voting mechanics.**