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@velosimp
Does anyone invest in Velodrome?
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@velosimp
for me, the liquidity providing is too risk. I'm too scared to lock it and vote. Can u recommend for me your pair that u are using to yeild farming
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@velosimp
how can us contact privately , i want to ask u more
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@velosimp
First of all, I just bought Velo token so How can I get veVELO token, then how and which step i should do to lock and vote to earn rewards , if u can, please share me the details step cause i am a newbie in this domain. Big thanks man
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@velosimp
bro, Which pool do you choose and what criteria do you have when choosing a pool, for both Velo and Aero?
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@thumbsup.eth
I choose different ones every week. Sometimes I’ll wait a day or two to see where votes are settling. I also only choose assets I want (USDC, ETH, OP) unless the APY is crazy high.
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@velosimp
bro can you share me your tele name, I want to ask u more privately
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@thumbsup.eth
I don’t use telegram. And I really don’t like to give advice or suggest copy trades. I’m not a good trader tbh. I like to learn how things work and explain them. That’s really all I’m good at
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@velosimp
for sure, i just want to discuss privately with u more, I just want to ask u something about pools that u choose everyweek, I still dont know choose which pool to get reward with less risk
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@thumbsup.eth
I’m sorry I really don’t have an answer with that. Are you LPing? Or voting? I don’t LP. The only times I have it’s been stable pools only. With respect to risk, it’s all risky, but stable pools are the only ones I would describe as “less” risky
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@velosimp
yes that i am looking for. I just lock my Aero for 2 years from now. Today I chose this pool to vote, Do u think it good enough? I base on total rewards and vAPR to chose
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Your screenshot shows neither the total rewards nor the vAPR. Personally I look for a total rewards of more than $5k, higher is better. And a vAPR of 30-50% on average. Higher is better. I can’t advise on particular pools. And to be clear, you have to vote weekly, so it changes. Just go with your gut.
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@velosimp
Yeah I think it match with your criteria
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Oh yeah that’s the kind I would vote on. You should do what you’re comfortable with but I wouldn’t say this is a worse option than any other
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@velosimp
i want to say thank u for ur support again.
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@thumbsup.eth
Happy if you found it helpful. Sorry I’m not more confident in my answers. In my opinion, you should be wary of anyone who is.
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@velosimp
Do u know anything about Relay?
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@thumbsup.eth
Not relay *rimshot 🥁 **crickets 🦗
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@velosimp
what do u mean
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