Thread by @Jasonnotjayson_

[WEEK 2] With round 2 of $SOLID emissions starting in 5 hours, let's take a look at the top 20 pools by votes and measure them by capital efficiency ($ in TVL per 1 vote for $SOLID emissions):
#1: $OATH- $FTM
#2: $FTM- $YFI
#3: $YFI- $WOOFY
#4: $USDC- $WEVE
#5: $CRV- $FTM

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1/ Although $OATH- $FTM has the highest efficiency, the underlying protocol is no where near as established as $YFI. Hence, it could be argued that #2 & #3 would be a better play as $YFI (as a protocol) is more developed than $OATH (as a protocol)

2/ This makes #2 & #3 an attractive play as $YFI may hold its value better than $OATH in a down market.

#4 $USDC- $WEVE is also an interesting play as $WEVE recently announced its partnership with $OXD team (controlling >40% of the initial allocation)...

3/ $WEVE has also announced they will be voting/optimizing their growth in accumulating $SOLID. This could be attractive for people who truly believe in $SOLID ecosystem and want to 'bet' for the longer term

4/ Although #5 $CRV- $FTM is the least efficient of the 5, $CRV has proven itself to be one of the rare few farm tokens that have consistently innovate and held its value, which could be argued to offset its 'higher' TVL / # of Votes ratio

5/ I'm personally in the $OATH- $FTM pool with the goal of maximizing my yields and capital efficiency. Diversifying probably makes the most sense, but I'm here for the fun and the ape plays only!

Good luck to all.. 😉