Farmers Markets #12: Vote your veAERO and veVELO

BbyA...nMtW
2 Jul 2024
185

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 109

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 108 rewards

Who we voted forhttps://optimistic.etherscan.io/address/0x6eA20Dbc05f58ED607c374e545BFb402d5796770


How we voted

How it ended up




We actually ended up with more rewards than we'd projected! An usual but impossible occurrence because votes can change at any time before the epoch ends.
We'll add the $TLX to our existing holdings.



Who I'm voting my veVELO for this epoch


Who we voted for
https://optimistic.etherscan.io/address/0x92FB369363498d8bFEFc4EB705d8c91a51d22C45

How we voted



Assessing the rewards

We definitely shouldn't vote for this.
This is totally those inflated vAPRs we talk about.
We've even featured wOptiDoge in one of our 'Those high vAPRs' sections!
And yet.... the pull is strong with this one. It just won't die. That's bullish in memecoin land (even though, overall, you should be bearish on all memecoins).

These rewards will take us closer to 3M in wOptiDoge.

https://www.coingecko.com/en/coins/wrapped-optidoge


Those boosted vAPRs....

(see above. Ha!)





Voting veAERO - Epoch 44

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 43 rewards

Who we voted forhttps://basescan.org/address/0x0DFb9Cb66A18468850d6216fCc691aa20ad1e091

How we voted


How it ended up



We ended up at half what we'd projected. We have added essentially memecoin dust from this.



Who I'm voting my veAERO for this epoch


Who we voted forhttps://basescan.org/address/0xad04be2b6613586f83049d5953611baa23971340#tokentxns

How we voted


Assessing the rewards

It's official: We have memecoin fever this time out.



$OKAYEG

Your standard not-dead-yet memecoin. This one likes frogs and eggs. For some reason lost in the minutiae of some popular culture niche somewhere.

Website https://okayeg.vip/
X https://x.com/Okayeg_VIP


https://birdeye.so/token/0xdb6e0e5094A25a052aB6845a9f1e486B9A9B3DdE?chain=base




Those super new vAPRs...


https://basescan.org/address/0x37785d5be19d0d9559d4634a5385c72c419b25da#tokentxns

W https://linktr.ee/reflectrfl
X https://x.com/Reflect_rfl


Sometimes a high vAPR without any trading fees isn't dodgy, it's just super new. Reflect is synthetics protocol only just launched on Base.



https://dexscreener.com/base/0x37785d5be19d0d9559d4634a5385c72c419b25da





Over to you

Where are you voting your veAERO and veVELO this epoch?
Let me know in the comments!

You can have some cake

Cakes On Solana

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