Convert 0.1 VELODROME to VND today

Velodrome Finance serves as the liquidity foundation for the Optimism whole ecosystem. Velodrome Finance is based on the basis laid down by Solidly, a well-known AMM on Fantom, with ve(3,3) mechanism in early 2022, with significant adjustments.

Velodrome Finance (VELO) stands as a beacon of innovation in the decentralized finance (DeFi) landscape, leveraging the power of the Optimism network. This technology is a next-generation Automated Market Maker (AMM) that synthesizes the strengths of Curve, Convex, and Uniswap, creating a robust platform for trading and liquidity provision.

By operating on the Optimism network, Velodrome Finance benefits from the scalability and efficiency of this Layer 2 solution, which significantly reduces transaction fees compared to traditional Ethereum Layer 1 decentralized exchanges (DEXs). Velodrome Finance is currently the largest DEX in the Optimism ecosystem, with a total value locked (TVL) of $78.51 million.

VELODROME is a native coin of the Velodrome Finance ecosystem, operating on Optimism according to ERC20 standard, and can be used to:

• Rewards liquidity providers.
• Users can lock VELO to receive veVELO, the governance token of the project.

Specifications

• Name: Velodrome Finance
• Symbol: VELODROME
• Platform: Optimism
• Standard: ERC20
• Type: Utility
• Smart Contract Address: 0x9560e827af36c94d2ac33a39bce1fe78631088db
• Total supply: 1,933,478,990 VELODROME