> For the complete documentation index, see [llms.txt](https://sky-web3-vision.gitbook.io/wp/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://sky-web3-vision.gitbook.io/wp/phase-2.-sky-stocks/sky-tokenomics/timeline-after-launch.md).

# Timeline after launch

SKY STOCKS divides the voting period into weekly epochs. Within each timeframe, emissions are voted on by a gauge voting system. To encourage optimal behavior from the outset, protocol features will be implemented in the first three epochs.

<figure><img src="https://2955075533-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FswRvEU9ZuKEWLnvEGdFL%2Fuploads%2Frin7YlpQ41c6p2MsgFKa%2Fwp8.jpg?alt=media&amp;token=bf79edaf-65fc-4c6e-9eef-0917e1360b79" alt=""><figcaption></figcaption></figure>

#### Epoch 0

* Launch of SKY STOCKS
* Users can apply for an airdrop
* The protocol receives an initial allocation of veSKY
* veSKY holders can vote for the first time
* No bribes
* It is not recommended to purchase or LP SKY during this epoch

#### Epoch 1 <a href="#id-9vc3kac1poty" id="id-9vc3kac1poty"></a>

* SKY emissions will begin based on the results of the voting at Epoch 0
* Bribery protocol is initiated
* SKY/USDT pool begins
* veSKY holders may vote a second time

#### Epoch 2

* veSKY voters can claim the bribe distribution incurred in Epoch 0.
* Rebasing of veSKY begins
* veSKY holders can vote a third time

#### Epoch 3

* veSKY voters can claim the bribe distribution incurred in Epoch 1.
* veSKY voters can claim the fee distribution incurred in Epoch 1.
* veSKY is rebased
* veSKY holders can vote for the fourth