Farmers Markets #23: Vote your maBEETS
If you aren't familiar with the veTOKEN model please check out my explainer post on Bulb https://www.bulbapp.io/p/270273dd-697b-4332-85ac-db65e50bb46d/vetokens-defi-lore-innovation-yield-from-voting?s_id=bccb5ecb-0380-433a-9e2e-f1405a0305e2
If you want to know more about the analysis here see my post on Bulb about analysing for veTOKEN votes
https://www.bulbapp.io/p/d82b629d-6790-4bfe-b185-c1156997baf4/farmers-markets-0-beets-aero-velo-equal-gauges?s_id=d3ffcb86-d4db-4c5f-acc5-0546d4c1744c
To note about voting rewards on Beethoven X
Beethoven X does voting rewards a little differently to most guage vote platforms. As well as having individual token rewards they'll often reward in LP tokens. For example the rewards for Staked Fantom & Circle Symphony (below)
Are the BPTs (Beethoven Pool Tokens) for the Fantom Menace LP on Beethoven.https://beets.fi/pool/0x593000b762de3c465855336e95c8bb46080af064000000000000000000000760
Beethoven X have released their branding kit to let you use their branding assets for your own content! It's great stuff, check it out at https://brand.beets.fi/
Voting maBEETS - round 75
Beethoven X Snapshot https://snapshot.org/#/beets.eth
Beethoven X Fantom pools https://beets.fi/pools
Beethoven X Hidden Hand https://hiddenhand.finance/beethovenx
Beetswars https://www.beetswars.live/
Fantom Block Explorer https://ftmscan.com/
Beethoven X Blog (Medium) https://beethovenxio.medium.com/
Beethoven X Discord https://beets.fi/discord
Beethoven X Discord: Updates > guage-vote
Ludwigs, Round 75 of the Beethoven X Gauge vote on Fantom is OPEN. https://snapshot.org/#/beets.eth/proposal/0x9020b472c8e3f76728f5c30e256c2ae16d6c875bd10cec2d038ba8770c89f63c
This vote is to decide 50% of BEETS farm emissions for the period of 13 November 2024 to 26 November 2024.
The pools that have contributed more than 1% of the last two weeks fees (or eligible new pools) will have protocol bounties placed on them in relation to the fees they have generated.
This vote's protocol bounties will be 9390 Fantom Menace BPTs. The qualifying pools (in order) are:
• Staked Fantom & Circle Symphony
• Fantom Menace
• They Stay On
• sGOATx
• Goggles Port Authority
• Dropping the fBOMB!
• Ludwig Wif Goggles Concerto
• Duet of Staked Fanties
• Trio of the Stables
• The f(MULTIBOMB) Profanity
• +EQ : Bass Boosted
• Fantom Layer of the Opera
The bounties will be placed on Hidden Hand: https://hiddenhand.finance/beethovenx Let the voting begin!
BPT rewards
https://beets.fi/pool/0x593000b762de3c465855336e95c8bb46080af064000000000000000000000760
Where we voted last time
ROI ~ $47.94917 USD
How we did
Almost exactly as we'd predicted. Which is rare. The LUDWIG incentives really came through on this one.
Where we're voting this round
Bribe markets
https://hiddenhand.finance/beethovenx
Voting power
Current vote distributions
https://snapshot.box/#/s:beets.eth/proposal/0x9020b472c8e3f76728f5c30e256c2ae16d6c875bd10cec2d038ba8770c89f63c
Yet another round dominated by memecoins. As much as there is some scepticism on Fantom about memecoins, and the Fantom Foundation's MemeSeason has been somewhat erratic, they remain a major source of trading volume and interest on the chain. They are something new in an ecosystem which had started to stagnate badly.
Long may their growth continue from here.
How we voted
ROI ~ $52.74 USD
The latest from Beethoven X
Check out the most recent updates from Beethoven X.
Make sure to give their blog posts a clap and comment on Medium as well as a like, comment and share on X!
Over to you
Are you a regular voter on Beethoven X?
What level Relic/s do you have?
Who are you voting for this time around?
Let me know in the comments.