The system creates two reinforcing cycles:
veVGRD voters direct emissions to Flex Pools through their votes. Flex Pools these emissions and use them to pay DERs for their flexibility services. DERs provide flexibility to the grid, buyers pay fees for this service, and the revenue flows back to the voters who supported those Flex Pools.
Flex Pools win real-world contracts and generate revenue, which attracts votes from veVGRD holders. More votes lead to more emissions, allowing Flex Pools to attract better DERs and deliver superior service, which in turn helps them win more contracts.
| Aspect | DER Owners | Energy Players | Voters (veVGRD) |
|---|---|---|---|
| Who they are | Households or businesses owning energy devices | VPPs, utilities, retailers, HEMS & energy service providers | Long-term supporters, investors, advanced users (DER owner and Energy Players |
| Primary goal | Earn money from devices, stay in control | Access flexibility, data & automation at scale | Coordinate growth, earn fees |
| What they contribute | Device capacity, availability, data | Market demand, activation signals, payments | Governance, long-term alignment |
| What they decide | Whether and how a device participates | How flexibility is used | Where flexibility is allocated |
| How they earn | Fiat payments + optional token rewards | Value from services & market participation | Share of protocol fees |
| What they pay | Nothing | Fiat or stablecoins | Lock tokens (no fiat spend required) |
| Token required? | No | No | Yes (optional, opt-in) |
| Control over devices | Full control, manual override | Permissioned, rule-based access only | No device control |
| Risk exposure | Operational only | Commercial only | Governance & long-term alignment |
| Time horizon | Short- to long-term | Operational & strategic | Long-term |
| Role in flywheel | Create real flexibility | Create real revenue | Coordinate allocation |
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