Introduction:

Saber is the leading automated market maker that built on Solana ecosystem. The users who provide liquidity on pools get yield by SBR token. By using these tokens, the Tribeca governance protocol is adopted to cast votes for each pool with gauges. The important part of this protocol is locking native token (SBR) on each pool and the gauges determined based on the amount of SBR and duration of locked.

The extra information about Tribeca governance protocol is provided in: https://docs.tribeca.so/voting-escrow

Summary:

In this part the obtained results are summarized based on the highlighted questions.

According to the findings of this dashboard, some unique wallets earn huge amount of veSBR in epoch 4 and 5, due to the locked value of SBR tokens and this indicated their participation in voting governance protocol.

Also, the participated pools are determined via gauges and the results related to them indicated the diversity of sending SBR rewards to various pools. But some pools casted larger amount of votes according to the results in comparison with other pools.

The distribution of veSBR token among top 20 unique wallets in epoch 5 is presented in this pie-chart. As shown in this chart, the domination of few wallets in veSBR holding is obvious. 4 wallets hold over 85% of veSBR tokens. The wallets can referee to whales or most participated wallets in Saber governance. As we know according to these distribution, the most voting powers are obtained.

The distribution of veSBR token into the top 20 wallets is shown in the pie-chart for epoch 4. As shown in this chart, two wallets holds over 65% of veSBR tokens in epoch 4 which is very huge number. This distribution shows that some wallets locked great amount of SBR in the Saber pools to get more voting power.

Based on the bounty, the total amount of veSBR is calculated due to the total amount of locked SBR token. The total supply of veSBR token at the end of epoch 4 and 5 are calculated as 11.86 and 11.91 Billion token. Based on these numbers, the net supply of epoch 4 is calculated as 20 million token, approximately.

After obtaining the veSBR distribution among wallets, now the voted pools via gauges should be determined. The top 20 pools that wallets send their SBR rewards are shown in this pie-chart. This chart shows the participation of Saber users in each pool and find out the popularity of each pool based on the locked SBR and received veSBR. The most popular pools have near 10% of participation. By considering the results of this chart, the most voted pools via gauges are determined according to the Voting Escrow System.

Gauges and voted pools:

Now, we should talk about what they (wallets) do with their veSBR tokens. What pools are most popular and did they vote for the same gauges or various pool?

The answers of these questions are investigated in the next chart.

The rewards are distributed after each epoch and epochs are considered as weeks. In this bounty the following questions are addressed:

• Total supply of veSBR at the end of epochs 4 and 5.

• Distribution of veSBR on top 20 wallets on the epoch 4 and 5.

• The voting pools of these wallets via gauges.

The proposed gauges and their exact date of epochs are captured based on the data of following link:https://tribeca.so/gov/sbr/gauges

Epoch 4: 2022/02/10 to 2022/02/17

Epoch 5: 2022/02/17 to 2022/02/24