Farmers Markets #21: 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 73
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 73 of the Beethoven X Gauge vote on Fantom is OPEN. https://snapshot.org/#/beets.eth/proposal/0x71bffd8a11e39aff5b685a7ff5c712aa333ef31235cbd2093b866b70539311b8
This vote is to decide 50% of BEETS farm emissions for the period of 16 October 2024 to 29 October 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 4625 Fantom Menace BPTs.
The qualifying pools (in order) are:
• Staked Fantom & Circle Symphony
• Fantom Menace
• sGOATx
• Trio of the Stables
• +EQ : Bass Boosted
• Dropping the fBOMB!
• The f(MULTIBOMB) Profanity
• FMoney with Attitude Vol. 2
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 ~$31.2384 USD
How we did
A bit over 50% of the predicted ROI is a win. So we'll take that. Plus it's in BPTs we already have so that's another bonus.
Where we're voting this round
Bribe markets
https://hiddenhand.finance/beethovenx
sGOAT are going hard with the incentives but they've already attracted a lot votes so rewards are pretty similar across the board.
We're bits of fans of what ECO are doing, and we've recently shifted our TANGO position mostly into that, so we're leaning that way.
Voting power
Current vote distributions
How we voted
ROI ~ 16.89088 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!
A good reminder Beethoven X is an Optimism protocol as well.
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.