alexcutler.eth Profile picture
Feb 23 โ€ข 4 tweets โ€ข 3 min read
๐Ÿ—ณ Votium Round 12 Wrap Up

Yesterday marked the end of #Votium R12 and $CVX holders are busy counting their sweet bribe ๐Ÿ’ฐ.

A quick recap ๐Ÿงต of what we saw...

#Convex #CurveWars @ConvexFinance @CurveFinance
High Level

๐Ÿ‘‰ Second highest amount of bribes / ETH ever
๐Ÿ‘‰ Decrease in total bribes / $ due to market volatility
๐Ÿ‘‰ Bribes largely flat, but $TRIBE + $LUNA increased
๐Ÿ‘‰ One returning briber in $DAI, one drop out in $MTA

Payouts were about $.38 / vlCVX (40% APR).
What does this tell us?

That none of the drama in #crypto is hurting the $CVX #Votium flywheel.

Average bribes (ETH) and briber qtys have continued to increase + that trend seems likely to continue.

And when the market recovers / catalysts arrives, people will take notice.

โ€ข โ€ข โ€ข

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More from @wagmiAlexander

Feb 24
Yesterday, users flooded to #Fantom for the launch of @AndreCronjeTech's @solidlyexchange.

After months of skirmishes, the #veSolidWars were officially kicking off and the excitement was palpable.

Then... ALL HELL BROKE LOOSE.

My attempt at a recap. ๐Ÿ‘‡๐Ÿงต
Quick Background

When @AndreCronjeTech announced his new AMM Solidly, he distributed ownership to the top #Fantom protocols as ranked by TVL.

This ignited a battle for control that eventually coalesced into a struggle for control between two teams: @SolidexFantom + @0xDAO_fi
As the day began, we heard from the holdouts...
๐Ÿ‘‰ @SpookySwap would remain neutral
๐Ÿ‘‰ @SynapseProtocol would delay / go solo for now
๐Ÿ‘‰ In the final minutes, @fraxfinance joined #0xDAO

That increased @0xDAO_fi's lead at 40% to @SolidexFantom's 33.7%.

Victory? Not quite. Image
Read 12 tweets
Feb 22
Sick of reading about real wars? You're in luck!

The war for control of @solidlyexchange (#veSolidWars) has continued to rage and I've got some big updates.

TL;DR: The next 48 hours will be huge and there are rumors of a second front soon opening. ๐Ÿ”

๐Ÿงต๐Ÿ‘‡
Why the next 48 hours?
๐Ÿ‘‰ @solidlyexchange emissions start tomorrow
๐Ÿ‘‰ Same deadline for veNFT deposits on #Solidex
๐Ÿ‘‰ @SolidexFantom is expected to launch
๐Ÿ‘‰ Clarity on @0xDAO_fi's launch plans coming soon

Then the battle for control of #Solidly truly begins!
So what's new?
๐Ÿ‘‰ @RadialFinance confirmed solo
๐Ÿ‘‰ @SushiSwap looks to be solo
๐Ÿ‘‰ @SynapseProtocol has a proposal to join #0xDAO
๐Ÿ‘‰ @Spirit_Swap + @fraxfinance still TBD

And all 8 veNFTs of #Solidly's early partners have just been deposited / locked, cementing the alliance.
Read 16 tweets

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