Starting from 14:00 UTC on December 13, we officially list Velodrome Finance (VELODROME) on the ONUS application:
- Off-chain transactions: Send and receive VELODROME with other users in the ONUS network.
- Trade: Swap from VNDC or USDT to VELODROME and vice versa.
Trade Velodrome Finance (VELODROME) on ONUS:
- Track VELODROME/USD price today
- Track VELODROME/VND price today
- How to buy Velodrome Finance (VELODROME)
- What is Velodrome Finance (VELODROME)
About Velodrome Finance
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.
What is VELODROME?
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
