Farmers Markets #5: Vote your veAERO and veVELO
If you aren't familiar with the veTOKEN model then check out my explainer post about this 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
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
Voting veVELO - Epoch 104
See Dune Dashboard for Epoch details https://dune.com/0xkhmer/velodrome
Velodrome Vote: https://velodrome.finance/vote
Optimism Block Explorer https://optimistic.etherscan.io/
Birdseye token explorer https://birdeye.so/?chain=optimism
Velodrome Epoch Dune dashboard https://dune.com/0xkhmer/velodrome
Epoch 103 rewards
How I voted
https://optimistic.etherscan.io/address/0x8134A2fDC127549480865fB8E5A9E8A8a95a54c5
How it ended up
We definitely saw a large difference between our projected fees vs our eventual outcome. This time it's easy, we'll just re-lock into our veVELO position.
Who I'm voting my veVELO for this epoch
Who I voted for
https://optimistic.etherscan.io/address/0x6ea20dbc05f58ed607c374e545bfb402d5796770
How I voted
Assessing the rewards
We've been over $TLX before and we're already holding some.
$TLX
- Website https://tlx.fi/
- Staking https://tlx.fi/lock
- X https://twitter.com/tlx_fi
- Mirror blog https://mirror.xyz/tlx.eth
- Docs https://docs.tlx.fi/
Chart has been positive as of very recently.
And that's been reflected in our holdings. 
Those low vAPRs....
For a change of pace let's look at the worse vAPRs. Now some of these LP have no or very low votes (1 & 2) but some still have significant amounts of votes (3 & 4).
So the lesson is two-fold:
- make sure to update your votes each week
- if you can't reliably update your votes each week, and you don't want to lock in a relayer, then vote for the LPs with the most fees as you'll more likely see an LP with high fees one epoch have high fees the next one.
Voting veAERO - Epoch 39
Aerodrome Rewards: https://aerodrome.finance/dash
Aerodrome Voting https://aerodrome.finance/vote
Base Block Explorer https://basescan.org/
Birdseye Token Explorer https://birdeye.so/?chain=base
Aerodrome Epoch Dune dashboard https://dune.com/0xkhmer/aerodrome
Epoch 38 rewards
How I voted
https://basescan.org/address/0x37E769D2dcF3e3E8dFC37c0Df83EEB56edfC0fD2#tokentxns
My voting rewards
How it ended up 
Rewards were a bit over half what we'd had predicted. So not a bad result. We'll swap the $WAI but add the $VIRTUAL to our exisiting holdings. Though those aren't looking fabulous at the moment.
Who I'm voting my veAERO for this epoch
Who I voted for
How I'm voting
Assessing the rewards
$GHST is from an OG crypto game that is connected to the same team who run the largest lending platform in crypto today: Aave
The game https://www.aavegotchi.com/
Aave https://aave.com/
Those high vAPRs....
https://basescan.org/address/0x5F94Ad60d862fD34c98b463614f3a64363F90fEE
$ROCK is a memecoin that is playing off the joke that it's a black rock and there is also a very famous fund manager called BlackRock. It's not super clever but in the realm of memecoins it's definitely well above average.
Website: https://www.blackrockonbase.com/
X: https://x.com/blackrockonbase
As goes memecoins, I've seen worse. Still, it's pretty crap.
Over to you
Where are you voting your veAERO and veVELO this epoch?
Let me know in the comments!
![[ℕ𝕖𝕧𝕖𝕣] 𝕊𝕖𝕝𝕝 𝕐𝕠𝕦𝕣 𝔹𝕚𝕥𝕔𝕠𝕚𝕟 - Sell Into "The Gospel of Greed"](https://cdn.bulbapp.io/frontend/images/7691d4fc-7dcc-4144-acbf-12397f6d0ba3/2)
