Farmers Markets #8: 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 106
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 105 rewards
Who I voted for
How I voted
How it ended up
Not a great outcome based on our estimates. We got nearly a 1/6 of our estimated rewards. We'll hang onto our SONNE as it's a decent bet to recover in terms of price. 
Who I'm voting my veVELO for this epoch
Where we voted
How we voted
Assessing the rewards
Not a hugely complicated one this time around. We're just going to add to our existing $TLX holdings. Votes are pretty high already so rewards shouldn't move too much and $TLX has done pretty well for us so far. 
Those current narrative vAPRs....
This time around we're looking at a common memecoin tactic: Theming to a crypto narrative.
Bitcoin and Bitcoin L2s are definitely a narrative right now so it's unsurprising to see someone has tried to capture some attention by creating a memecoin with the same name as the smallest unit of BTC: SATS.
To no one's surprise there's nothing here. Not even a TG.
Voting veAERO - Epoch 41
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 40 rewards
Who I voted for
Who I voted for
How I voted
How it ended up
Not a bad result. We saw about half our projected returns in the end. Low result overall though. We'll add SEXY to our existing holdings.
Who I'm voting my veAERO for this epoch
Where we voted.
How we voted
Assessing the rewards
$RWAX
W https://therwax.com/
X https://x.com/The_RWAX
These guys are an exchange that is looking to tokenise pretty anything and provide a way to trade it on chain.
They're close to launching on testnet
Now a little worrying is they launched through Fjord Foundry who do not have a good track record for launching good tokens.
But it's a product none-the-less and has a heap of incentives being thrown at it so you know the team is at least somewhat financially viable. Long term there's a huge market for this sort of thing. However I don't think anyone can do it for a wide range of assets, I think it requires individual expertise so I don't hold much hope for these guys long term. But we're not thinking very long term on this one.
Chart looks okay too. 
$HBR
Can't find any information on this. 
Seems to have okay volume on Aerodrome.
Those interesting vAPRs...
Let's take a look at an interesting project: Token DAO.
W https://tkn.xyz/
X https://tkn.xyz/
A public infrastructure service trying to bring order to the token naming chaos. Not a bad idea at all. Don't know what they need a token for, but then again I've never understood what Ethereum Naming Service or Bonfida (the Solana version) needed tokens for either.
Over to you
Where are you voting your veAERO and veVELO this epoch?
Let me know in the comments!
![[ℕ𝕖𝕧𝕖𝕣] 𝕊𝕖𝕝𝕝 𝕐𝕠𝕦𝕣 𝔹𝕚𝕥𝕔𝕠𝕚𝕟 - Did This Poor Baby Make A Profit On The BTC He Sold?](https://cdn.bulbapp.io/frontend/images/255151e6-9e83-4151-9644-80af06e53b74/1)
