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    Velodrome Locks

    -- 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? -- For more information on Velodrome, please visit: https://docs.velodrome.finance/ -- Hint: -- -A sample query to look at new locks can be found here. -- -Sample voting tx: 0x516c3537d534415e5d00845b6b718d93d5f2066e1f9aa795931177b21b5bf5b0

    Analyze new locks created on Velodrome Finance

    • Given below is the daily breakdown of the new locks created on Velodrome Finance in terms of number of Users and the amount of $VELO Locked.
    • We have seen a spike in the number of users locking VELO in the past 2 days, with the highest number of users 139 users.
    • In terms of of amount of $VELO locks, the highest volume was seen on Jun 15, 2022 with 23.5M $VELO locked, after that it has been between 1M-5M tokens locked.

    Which pools are wallets voting for with their locked tokens most often?

    • 0xe8537b6ff1039cb9ed0b71713f697ddbadbb717d or VolatileV1 AMM - VELO/USDC get the most number of votes by wallets with a total of 1121 votes.
    • 0x47029bc8f5cbe3b464004e87ef9c9419a48018cd or VolatileV1 AMM - OP/USDC get the second most number of votes by wallets with a total of 681 votes.
    • 0x47029bc8f5cbe3b464004e87ef9c9419a48018cd or VolatileV1 AMM - WETH/USDC get the third most number of votes by wallets with a total of 289 votes.
    • Given below is the daily breakdown of all the pools and how many votes they get.

    What durations are most common?

    • Looking at the daily average duration in months, somewhere between 35-40 months is the sweet spot which is ~3 years is what most people like to lock their tokens for.
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    Which wallets have locked the most in the last 4 weeks?

    • Here are the Top 10 wallets that have locked the most number of $VELO tokens.
    • 0xe247340f06fcb7eb904f16a48c548221375b5b96 leads the pack with 23.7M $VELO locked which is ~9x the times of the second highest wallet.
    • Followed by 0x5d5bea9f0fc13d967511668a60a3369fd53f784f with 2.7M $VELO.