Velodrome Locks
Question: Analyze new locks created on Velodrome Finance. What durations are most common? Which wallets have locked the most in the last 4 weeks? Which pools are wallets voting for with their locked tokens most often?
Introduction:
Velodrome is an AMM (Automatic Market Maker) designed to provide deep liquidity, low swapping fees, and low slippage. As a public good, it supports the development and growth of the Optimism ecosystem.
Velodrome rewards liquidity providers and active governance participants through VELO (our native token; see the next section for definitions) and veVELO distribution. Liquidity providers (LPs) receive VELO emissions. Vote-escrow VELO (veVELO) holders vote on which liquidity pools receive VELO emissions. In return, voters receive the trading fees and bribes collected by the pairs they vote for. This structure helps incentives flow to the most valuable pairs for the ecosystem.[1]
Method:
1-Show number of locks created on Velodrome Finance by day
2-Show Volume of locks created on Velodrome Finance by day
3-Show What durations are most common? (month)
4-Show 20 wallets have locked the most(by tx numbers) in the last 4 weeks
5-Show 20 wallets have locked the most(by volume) in the last 4 weeks
6-Show pools are wallets voting for with their locked tokens most often
We can see that the number of transactions for creating new locks on velodrome is increasing
Also in recent days the volume of velodrom new locks is increasing
It is clear that most people locked for about 48 month and also about 20 percent of wallets locked less thatn 1 month and also about 18 percent of wallets locked about 1 month
We can see 20 wallets with most locking transactions
Also in this chart we can see the 20 wallets with most locked value
Most wallets voting for VELO/USDC and the second most is WETH/USDC pool
Conclusion:
1-the number of transactions for creating new locks on velodrome is increasing
2-Also in recent days the volume of velodrom new locks is increasing
3-It is clear that most people are locked for about 48 months and also about 20 percent of wallets are locked less than 1 month and also about 18 percent of wallets locked about 1 month
4-I depicted 20 wallets with most locking transactions
5-Also I depicted the 20 wallets with most locked value
6-Most wallets voting for VELO/USDC and the second most is WETH/USDC pool
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