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๐Ÿ—ณ Convex + Votium Round 13 Kick-Off

It's that time once again, voting gauges are open and tasty birbs (bribes) are beginning to flow in.

And with the events of yesterday, we've got some extra drama surrounding #VotiumR13.

My preview and projections below.

๐Ÿงต๐Ÿ‘‡
R12 Recap

Last round saw a total of 5357.47 in $ETH bribes (+1.9%), the second highest amount on record.

While bribes per $USD declined to $13.6M (-15.3%), it was clear that it was driven by prices drops not bribes.

tl;dr - flywheel ๐Ÿ’ช + birbs ๐Ÿ“ˆ.

Yesterday's Twist

The #cvxVotium flywheel is a pretty well oiled and drama free machine, which (frankly) I was looking forward to after the chaos of the #veSolidWars.

But clearly, I'm not allowed to have nice things as yesterday we got some big news...

Read 11 tweets

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