I see smart money and let me explain why:
Even with the current weekly fee generation, veTOPAZ already looks attractive to me.
But if volume grows, the flywheel gets much stronger.
More volume on Topaz means more fees.
More fees means more value flowing to veTOPAZ voters.
That makes veTOPAZ more attractive.
More demand for veTOPAZ means more TOPAZ gets bought and locked.
If the TOPAZ price rises, LP APRs become stronger.
Stronger APRs can attract more liquidity.
More liquidity means more volume.
And then the loop starts again.
That is why I think veTOPAZ is super undervalued here.