trading: News of Velodrome Finance (VELO) - August 2024 Price Update - 8.22% Breakout Crypto News and Analysis

Explore the Core.

Velodrome Finance is a decentralized exchange (DEX) and liquidity protocol built on the Optimism Layer 2 network. Its primary aim is to enhance liquidity, reduce slippage, and lower trading fees for users. The platform operates with two main tokens: VELO, a utility token for liquidity providers, and veVELO, a governance token that allows users to participate in decision-making processes. Velodrome employs a unique tokenomics model known as ve(3,3), integrating features from projects like Curve and Solidly to foster a sustainable ecosystem that rewards liquidity providers and promotes active governance participation.

Explore the Core.

Velodrome is an AMM designed as the central trading and liquidity marketplace on Optimism Network. It is the next evolution of theSolidly Exchange model introduced by Andrew Cronje.

Trade hard. Joy is coming

Explore the Core.

Velodrome is an AMM designed as the central trading and liquidity marketplace on Optimism Network. It is the next evolution of theSolidly Exchange model introduced by Andrew Cronje.

Explore the Core.

Velodrome is an AMM designed as the central trading and liquidity marketplace on Optimism Network. It is the next evolution of theSolidly Exchange model introduced by Andrew Cronje.

Professional Author and Crypto Trader

Explore the Core.

Velodrome is the central trading and liquidity marketplace on Superchain. It is a next-generation AMM that combines the best of Curve, Convex, and Uniswap, designed to serve as the liquidity hub for the Superchain.

Spot the Main Event:

Consistent Velodrome's Volume Dominance on Optimism On August 21st, Velodrome achieved an all-time high, capturing 68% of the trading volume on @optimism Mainnet compared to UniV3. Indicating high trading

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