# Gauges

RAAC features a dual gauge system, with one gauge for $RAAC ecosystem distributions and another for the distribution of RWA yield, such as rental income from onboarded real estate.

## Primary gauge

<figure><img src="/files/9sHSDmOOdquLMCv9NZG9" alt=""><figcaption></figcaption></figure>

$RAAC ecosystem distributions flow to users who stake their LP (Liquidity Provider) tokens in Gauges to decentralize ownership of RAAC to its users. Each staker receives $leRAAC emissions proportional to their share of total value staked in the gauge.

$$
Weekly Distribution\_{i.j} = Weekly Gauge Distribution\_j \times \frac{TokensStakedInGauge\_{i,j}}{\sum\_{i}^{n}TokensStakedInGauge\_{i,j}}
$$

> with i: staker, j: gauge

For a gauge to receive $RAAC ecosystem distributions, the DAO must approve the gauge. More details can be found in the [governance section](/learn/usdraac-token/usdveraac/governance.md).

Gauges may include:

* RAAC Core stability pool (RcrvUSD/DEcrvUSD LP)
* $iREET/crvUSD LP
* Silo stablecoin LPs

\
The total amount of $leRAAC ecosystem distributions a gauge receives is decided weekly by $veRAAC holders. Every week, a fixed amount of $leRAAC ecosystem tokens are distributed. The emission schedule can be found [here](/learn/usdraac-token/tokenomics/ecosystem-token-distribution.md). The share of weekly $leRAAC ecosystem tokens per gauge (gauge weight) is determined by its share of total $veRAAC votes that week. While votes are held weekly, $RAAC distributions are done daily.

$$
Weekly Gauge Distribution\_j = Gauge Weight\_j×Weekly $leRAAC Emissions
$$

$$
Gauge Weight\_j = \frac{$veRAAC votes\_j}{\sum\_{j}^{m}$veRAAC votes\_j}
$$

Gauge weights are updated every Wednesday 00:00 UTC.

***

## Secondary Gauge

TThe secondary gauge distributes RWA yield, such as rental income from real estate managed by RAAC and silo yields.

RAAC RWA yield flows to the pools underlying the RWA gauges in proportion to the gauge’s share of total votes.&#x20;

For a gauge to receive RWA yield, the token holders must approve the gauge. More details can be found in the [governance section](/learn/usdraac-token/usdveraac/governance.md).

Gauges may include:

* RAAC core pools (RcrvUSD/DEcrvUSD liquidity pools and $iREET/crvUSD liquidity pools)
* Auto-compounders&#x20;
* Token purchases &#x20;

The total amount a gauge receives is decided monthly by $veRAAC holders. Every 4 weeks, a fixed amount of RWA income investments are made by the RAAC treasury. The share of monthly RWA yield per gauge (gauge weight) is determined by its share of total $veRAAC votes that month.

$$
Monthly Gauge Investments\_j = Gauge weight\_j×Monthly RWA Income Investments
$$

$$
Gauge Weight\_j = \frac{$veRAAC votes\_j}{\sum\_{j}^{m}$veRAAC votes\_j}
$$

Gauge weights are updated every weeks 00:00 UTC.

***

## RAAC Bonds

Rather than a one-time public sale, RAAC will run a bond program that lets the public acquire the token at a fair market price.

More details will be published in the future before the token goes live.

***

## Auto-Compounders

RAAC provides auto-compounders and vaults built by [LlamaAirforce](https://llama.airforce/) for RAAC-related stablecoin LP positions on Curve, such as Silo stablecoins and crvUSD. The auto-compunders maximize yield from fees and gauge rewards and automatically convert yield into LP positions for compounding interest. The RAAC Treasury takes a 20% performance fee on auto-compounder yield which is captured in CVX/CRV to increase RAAC’s voting weight in future CRV emissions.


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