Overview

The velodrome is a revolutionary new AMM based on Solidly launched on Optimism. In this dashboard, the below procedure was conducted:

1. Finding the most common duration for locking $VELO
2. Calculating the amount of locked $VELO for each duration
3. Computing deposit type popularity in terms of the number of transactions
4. Calculating the $VELO Locked amount for each deposit type
5. Finding wallets that have locked the most in the last four weeks
6. Finding pools which wallets voted the most to them.

Methodology

For doing this bounty, we used the below two tables from the flipside.crypto:

1. optimism.core.fact_event_logs: for extracting data related to lock durations
2. optimism.core.fact_transactions: for getting data related to voting to the pools

The most common durations for locking $Velo

The bar chart on the right shows the typical durations for locking $VELO on the velodrome vest. There were four main locked durations, one week, one month, one year, and four. Accordingly, four years was the popular duration for locking $VELO between users.

Note: In our investigations, we saw other durations that were not common, so we gathered them into other durations categories.

The amount of locked $VELO for each duration

The bar chart on the right shows the amount of $VELO locked for different durations. Around 90M $VELO locked on velodrome vest that 25.8M of them (28% of all amount) vested for four years.

Which Deposit type has transacted the most?

There were five types of the deposit that users could lock the $VELO for specific durations:

1. CREATE LOCK
2. CLAIM
3. INCREASE AMOUNT
4. INCREASE UNLOCK TIME
5. MERGE

According to the chart, the create lock function was the most popular type regarding the number of transactions.

The locked amount for each deposit type

The right-side bar chart displays the amount of $VELO locked for each deposit type. Accordingly, create lock function with 71M locked $VELO was the necessary deposit type.

The top ten wallets which locked the most in the last four weeks

The next donut chart shows the top ten addresses regarded to the $VELO locked value in the last four weeks. based on the chart wallet (0xcc739b45da0123047cd0103b88f968b22ebdfc66)

with 5.8M locked $VELO vested the most among users.

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

The following bar chart shows the top ten pools on velodrome that users voted the most to them. Accordingly, the VolatileV1 AMM - VELO/USDC pool with 1466 votes was the most popular pool in terms of voting. Another point is that volatile pools gain more votes than stable pools.

Note: In this analysis, we disregard the weight effect for votes.

Conclusion

1. Four years was the most popular duration for locking $VELO in terms of value locked and number of transactions.
2. Among five deposit type functions, create lock with 71M locked $VELO was the necessary deposit type function.
3. Wallet (0xcc739b45da0123047cd0103b88f968b22ebdfc66) with 5.8M locked $VELO vested the most among users in the last four weeks.
4. The VolatileV1 AMM - VELO/USDC pool with 1466 votes was the most popular pool in terms of voting.