---
# System prepended metadata

title: Pickle Strategy for Votium

---

# Pickle Strategy for Votium

## What is Votium?

Votium is a protocol around the Convex votium system. People delegates their
voting power so the users don't have to take action in order to collect bribes nominated in different tokens.

The problem with bribes is that for small users the optimal distribution
of votes generates small rewards for certain tokens and is not worth to claim
them and reinvest due to high gas fees.

## Strategy description

A strategy would consiste on the following steps:

1. User delegates to pickle
2. Pickle votes or delegate on votium to vote
3. Strategy collects the assets and takes a decision:
a. If the token is one for which pickle has a jar: deposit in the jar
b. If the token doesn't have a jar sell it for a selected asset. Here if the idea about the pickle index is developed we could buy pickle index (index of pickle jars)

## Some numbers

Convex brives have seen a good support from different protocols as the stats show (reward in $ per vlCVX)

![](https://i.imgur.com/RFQhgGv.png)
(* last round just started)

At the moment there are `34045330` elegible CVX to vote and `18M` use Votium.
The [total addresses delegating](https://discord.com/channels/866037423325446165/866046736467623936/939289787037286460) for votium are 4209 and 3772 have a significant value (not 0).

An example of the dispersion between different tokens that can happen is shown in the following stats from [llama.airforce](https://llama.airforce/#/votium/rounds/10) for the round #10.

![](https://i.imgur.com/M2qi80Q.png)


## Competition

llama.airforce has launched [union](https://llama.airforce/#/union/member) that does a similar things but it reinvests the token in the convex ecosystem instead of diversifying the portafolio. In my opinion having a exposure to more tokens and inside the pickle ecosystem is a strong point for this proposal.

## Why this strategy is interesting?

It helps to save gas costs to users and provides a compounding strategy for
well known tokens diversifying assets. It also helps to increase the total value locked and as Union proved there is people demanding a service like this one.
