Farmers Markets #24: 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 76
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 76 of the Beethoven X Gauge vote on Fantom is OPEN. https://snapshot.org/#/beets.eth/proposal/0x965d7ac7adfcd2395772cbeb5d917b9370fef517d64dac5cec5d79d5ecf56231
This vote is to decide 50% of BEETS farm emissions for the period of 27 November 2024 to 10 December 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 • Trio of the Stables
• Dropping the fBOMB!
• Goggles Port Authority
• sGOATx
• Duet of Staked Fanties
• The f(MULTIBOMB) Profanity
• Fantom Layer of the Opera
Huge welcome to the new pool entering the gauge vote, make sure to check them out:
• The fBomb Surveyor: https://beets.fi/pool/0xc51e3263ca49fdc7c13a69979d947da11a6db9f600010000000000000000090e
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 ~ $52.74 USD
How we did
Not bad for. Anything above 50% of predicted I always call a win.
Where we're voting this round
Bribe markets
https://hiddenhand.finance/beethovenx
It would seem Conspiracy Concerto is the easy winner but it's all THC incentives, whereas They Stay On is split between base fees and incentives.
Voting power
Current vote distributions
How we voted
ROI ~ 42.25 USD
Having all your (maBEETS) eggs in a memecoin incentives seems risky.
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.