Farmers Markets #3: 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 103
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 102 rewards
How I voted 
https://optimistic.etherscan.io/address/0x69A9B0f791507C50B413d24aBB761acB5ac52728
How it ended up
Unfortunately the Optimism chain was having moment and couldn't properly estimate prices. We ended up pretty much exactly at the same amount of money we'd estimated for.
We'll be hanging onto $RING. Price chart has been looking pretty good. 
Who I'm voting my veVELO for this epoch
Here's who I'm voting for
https://optimistic.etherscan.io/address/0x8134A2fDC127549480865fB8E5A9E8A8a95a54c5
Here's how I'm voting
Assessing the rewards
Not much to assess. We've just gone with the LP with the highest fees, which has two very mainstream tokens: Circle's bridged $USDC and $VELO. It's already got a lot of votes and whilst I would expect those to increase I wouldn't expect them to increase massively.
Those high vAPRs....
Not much of a story this time, more a PSA on doing your basic due diligence.
This isn't anything dodgy about $USDC.e or $USDT it's just there are 257 votes in total on this LP currently. That's really nothing.
We have a very modest veVELO lock and we have nearly 4.5K votes alone.
Luckily Velodrome (and Aerodrome) show you clearly how the vAPR is arrived out right there on the web portal.
Voting veAERO - Epoch 38
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
My voting rewards
How it ended up
So we were pretty close. ~$6 became ~$5.
I'll keep $TN100x as I can track it on Coingecko. As well as $L2VE, which I somehow ended up with some of...
Who I'm voting my veAERO for this epoch
This epoch I'm voting for
https://basescan.org/address/0x37E769D2dcF3e3E8dFC37c0Df83EEB56edfC0fD2#tokentxns
This is the way I'm voting
Assessing the rewards
$AERO of course doesn't need any explanation. The other two tokens I've actually voted for before. For a full explanation see my Farmers Markets #1 post https://www.bulbapp.io/p/8e3fb092-03b7-4f67-9009-105e00849275/farmers-markets-1-vote-your-veaero-and-vevelo?s_id=94266de4-e011-4db6-8307-383eb4bea3bf
We'll briefly catch up with how they've faired since we voted for them a couple of weeks ago.
$VIRTUAL
$WAI
Those high vAPRs....
This epoch's special mention goes to $ROOST.
Both of them.
It's really easy to look at this chart and say: "memecoin in the process of rugging, same old same old."
But what you're actually looking at above is the old token. The project has very recently done a token migration (https://medium.com/@roostcoin/everything-you-need-to-know-about-the-roost-relaunch-22549049f7c9) and are in the process of rotating the old tokens out of the market.
https://birdeye.so/token/0xeD899bfDB28c8ad65307Fa40f4acAB113AE2E14c?chain=base
Suffice to say it's not gone swimmingly. But these things never do when they're handled by inexperienced people rushing to launch memecoins (which what this lot definitely seem like reading through their X account).
Over to you
Where are you voting your veAERO and veVELO this epoch?
Let me know in the comments!
![[βππ§ππ£] ππππ ππ π¦π£ πΉππ₯ππ ππ - Did This Poor Baby Make A Profit On The BTC He Sold?](https://cdn.bulbapp.io/frontend/images/255151e6-9e83-4151-9644-80af06e53b74/1)
