Questions on the VeAero voting process using TheAutopilot.xyz

I've been playing with the autopilot voting system https://theautopilot.xyz/r/deYC and discussing with a moderator on their Discord to understand the non custody side a bit more as it made me nervous signing over the voting rights to them. I have to say that the support was fantastic and they jumped straight on to a voicecall over discord to explain it in detail for me.

The summary is that you always retain control of the NFT (your VeAero lock) and can check this in debank that it's linked to autopilot for voting rights. If needed you can go to basescan and force a hard withdrawal of the NFT back to you.

Be aware that when you deposit the lock with them to do so on the deposit tab not the 'opt in' green one in the top right, as this opts you in to only the auto ignition for any new token launches on aero and can be a bit hit and miss in my opinion. Also when you deposit it takes the lock back to max lock to optimise voting rights so you'll go back to 4 yrs.

The mod said that the system was designed for a group of guys doing voting they realised there was a need and market for it and pushed it to the public about 6 months ago. They take 5% of any fees generated but the algorithm usually produces 10% more than voting manually.

There seems to be some exciting developments happening with the launch of Aero Dex and that auto voting will be a feature, possibly a buy out of autopilot by aerodrome or some kind of merger, he stopped short of being able to tell me that but sounds all very bullish. Hope this helps if you are on the fence about trying it out. I'll post a couple of screenshots to show potential returns and the deposit vs. opt in green button I mentioned above. 😁

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