Velodrome Locks
Introduction
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?
Methodology
Our goal is to discuss new locks created on Velodrome Finance.
What is Velodrome?
Velodrome Finance, at its core, is a solution for protocols on Optimism to properly incentivize liquidity for their own use cases. Building on top of the groundwork laid out by Solidly, our team has addressed that first iteration's core issues to realize its full potential.
Velodrome finance kept received and raises good amount of new locked in the last 6 days.
As it can be seen in chart number of new locks on this platform raises from Jul 12 with 109 transactions number and today hit the 371 transactions.
Between Jun 15 to Jul 6 they have almost a stable trend, then a massive run for 4 days but another sharp down on Jul 11
Users liked to lock their tokens on Velodrome for more than 2 years.
This duration has 42.5% share of our total time periods.
Other group who have choosen to lock their tokens most, are between 1 month to 1 year.
This group has 70% share.
There are a lot of pools on Velodrome that users can voted for and until now Velo/Usdc has the most vote with total transactions number of 1504.
second top vote was Op/Usdc by 970 transaction vote.