Votemarket Analytics

Overview

Analytics enable you to measure the actual impact of your vote incentive and compare it with other submitted vote incentives. You will also have access to the history of all rounds of your vote incentive, providing you with a visual overview of the most effective periods.

Core Features

Dashboard Architecture

Separate tabs for veCRV and vlCVX metrics
Round-based data presentation
Complete performance history (from the first round)

Analytics Deep Dive

veCRV Analytics

Global metrics

Round number + voting end date
Total deposited: Sum of all vote incentives for this round
Performance Indicators:
- Average $/vote ratio
- Average efficiency

Gauge metrics

Gauge: Name/address and LP details
Non blacklisted votes: Number of actual votes that will receive the rewards
Total deposited: Total amount deposited for this round
$/vote: Reward amount received per vote
Incentives directed: Amount of inflation driven by the actual votes
Efficiency: Performance ratio where >1 means generated inflation exceeds reward costs. All rewards assumed to be claimed

vlCVX Analytics

Analytics for a specific vote incentive

You can find a dashboard for a specific vote incentive with this link: https://votemarket.stakedao.org/[protocol]/gauge/[chain_id]-[gauge_address]

You will have access to this voting incentive's analytics for each round on a single page. The table's columns will be the same as on the previous page.

Formula Reference

Global Formulas

\text{Total deposited} = \frac{\text{Total reward amount} - \text{Total distributed} }{\text{Remaining weeks}}

\text{Total deposited in dollar} = \text{Total deposited} \times \text{Token reward price}

veCRV Specific Formulas

\text{Non blacklisted votes} = \text{Gauge weight} - \sum (\text{Blacklisted weight})

\text{Dollar per vote} = \min(\frac{\text{Total deposited in dollar}}{\text{Non blacklisted votes}}, \text{Max price})

\text{CVX inflation} = (1 - \frac{\text{CVX Total supply}}{100000000}) \times \text{CVX usd price}

\text{CRV inflation} = \text{Weekly CRV inflation} \times \text{CRV usd price}

\text{Incentives directed} = \max(\text{CRV inflation}, \text{CRV inflation} \times \text{0.83} + \text{Weekly CRV inflation} \times \text{CVX inflation}) \times \text{Gauge relative weight}

\text{Efficiency} = \frac{\text{Incentives directed USD}}{\text{Used campaign USD}}

Where:

\text{Used campaign USD} = \min(\text{Max reward per vote USD} \times \text{Non blacklisted votes}, \text{Total deposited USD})

vlCVX Formulas

\text{Non blacklisted votes} = \text{Current snapshot vote}

\text{Dollar per vote} = \frac{\text{Total deposited in dollar}}{\text{Non blacklisted votes}} \times \text{Share going to Convex}

For veCRV, with share going to Convex:

\text{Share going to Convex} = \frac{\text{Non blacklisted votes} \times \text{CRV per CVX}}{\text{Current projected votes}}

Where:

\text{Current projected votes} = \text{Current veCRV votes} + \text{Non blacklisted vlCVX votes} \times \text{CRV per CVX}

and:

\text{Current veCRV votes} = \text{Non blacklisted veCRV votes} - \text{Current onchain Convex vote}

For vlCVX, with share going to Convex:

\text{Share going to Convex} = 1

\text{Efficiency} = \frac{\text{Emission per vlCVX}}{\text{Dollar per vote}}

Where:

\text{Emission per vlCVX} = \frac{\text{Weekly CRV inflation}}{\text{Total veCRV weight in the gauge controller}} \times \text{CRV per CVX}

And:

\text{CRV per CVX} = \frac{\text{veCRV held by Convex}}{\text{vlCVX Total Supply}}