StBriansDeFi Updates #4: VELO(Velodrome) Making It Big With Optimism's Major Dex Listed On OKX


Am quite excited with Velodrome (VELO)-The Trading and Liquidity Marketplace on Optimism has been listed on OKX and making it big. A big howdy to VELO.

What The Heck Is VELO?

For those itching with anticipation to know what VELO is, there is no cause for alarm, they will know sooner than they expect.

At its core, Velodrome Optimism is a three-sided platform that

  • enables liquidity providers (LPs) to earn rewards for staking liquidity on the protocol
  • Allows traders to make low-slippage token swaps for pairs with deep liquidity
  • Offers other protocols on Optimism to incentivize liquidity for their own purposes in a capital-efficient.

Velodrome (VELO)  was just listed on OKX and its market cap is appreciating tremendously.  On its first time on the market, it appreciated 56%. 

How To Buy Velodrome Finance

  • Go to CoinMarket and search for Velodrome Finance. 
  • Tap on the button labelled 'market' near the price Chart. 
  • You will see a complete list of places you can buy Velodrome Finance and its prices. 
  • Choose the most appropriate for you and buy. 

 

Velodrome Finance Price: VELO Live Price Chart & News

VELO has jumped the ranks over the short period on the market.  It has moved and now it is ranking 538 which is a big leap.  Now its price is hanging between $0.19 to 0.23

8188d48257cb8ab46ed00e603ec75398abd489b11c14ce570f7959661f2e143f.png

 

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.

Andre Cronje

  • DeFi guru
  • Developer of Yearn Finance
  • A South African prolific coder
  • Developer of Keep3V1
  • Worked on DeFi projects Sushiswap, Cream v2, among others.
  • Cronje is a software architect with over 20 years of experience in development.

Why I Recommend Velodrome Finance

  • It has grown to be the main AMM on layer 2 Optimism.
  • The platform has a potentially huge user base following the integration of Velodrome Finance with the Velodrome virtual world. 
  • It boasts the advantage of cheap cost and rapid transactions. 
  • It is a coin worth to watch in future. 

A Step To Step Guide On How To Acquire VELO Airdrop

  1. Visit the Velodrome airdrop claim page. Click here Velodrome airdrop claim page.

7fe5ed6db5b20acc8df676863c03c618f61a5055ab22618786df6fec161a4e94.png

   2. Click on 'Launch App' to Connect         your  ETH wallet.

fce0a3ccd15254f87238c7b37e29c920a4e09f8cb35743b9d9a835d09565a438.png

Click on 'Connect Wallet' to connect Ethereum wallet. 

  3.If you're eligible, then you will be able to claim free VELO.

7be8c8569df8678833d62d7418fc7ce0ceb18945f725dc98d381b72108d852fc.pngYou can connect with metamask,  WalletConnect or Coinbase

Eligible users are: Users who're eligible for the Optimism airdrop as Repeat Optimism Users. WeVe hodlers. 

  4. For more information regarding the airdrop, see this  page.

 

Disclaimer

The written work in this article is only for publication purposes.  In order to do any investment or financial obligations then make your own research first. 

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stbrians
stbrians Verified Member

Am in the world yet am not of this world. https://www.publish0x.com?a=jnegp0Eraw


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