Liquid Staking Token wstASTRA Launches on Velodrome
Liquid Staking Token wstASTRA Launches on Velodrome
🚀 Astar Gets More Liquid
Astake's liquid staking token wstASTR has launched on Velodrome, expanding the Astar Network ecosystem on Soneium. The token is now available for trading and liquidity provision, paired with $ASTR.
This launch follows several recent additions to Velodrome's platform:
- $BOLD paired with USDC and LUSD
- Merlin's M-BTC paired with WBTC on Lisk
- Lido's wstETH paired with WETH on Lisk
- WBTC trading pairs on Unichain
Liquidity providers can earn rewards through active emissions programs.
New Launch Alert: $wstETH on Lisk wstETH from @LidoFinance is now available to trade and LP on Velodrome on @LiskHQ, paired with WETH.
New Launch Alert: wstASTR🚴♂️ A big welcome to @Astake_Official who provides liquid staking on @AstarNetwork and @soneium $wstASTR is now available to trade and LP on Velodrome on Soneium, paired with $ASTR
New Launch Alert: M-BTC on Lisk 🚴♂️ M-BTC from @MerlinLayer2 is now available to trade and LP on Velodrome on @LiskHQ, paired with WBTC. Emissions are flowing
Velodrome Liquidity Pool Rewards Update
Velodrome's latest Slipstream LP rewards show strong yields across multiple pairs: - ASTR-USDC.e offering ~571% APR - ASTR-WETH at ~417% APR - oUSDT-WETH yielding ~326% APR - USDT0-WBTC providing ~195% APR These rates reflect Velodrome's continued dominance as the primary DEX across 8 chains on the Optimism Superchain. Recent volume metrics show consistent growth, with cumulative trading reaching $31B and daily volumes regularly exceeding $100M.
Relay Contract Vulnerability Results in $250k Griefing Attack
A vulnerability in Relay's permissionless contract calls allowed griefing attacks during specific Wednesday time windows. The issue affected both OP Mainnet (~$80k) and Base (~$170k) networks. Key points: - User funds remained secure throughout - No smart contract exploitation occurred - Issue resolved via contract call permission updates - Affected partners notified The team will release a detailed incident report and continue coordination with relevant stakeholders.
Soneium ACS Rewards Distribution Goes Live
After a 100+ day campaign period, Soneium has begun distributing $ASTR rewards to participants of eligible Velodrome pools. - Rewards can be claimed at [ACS claim portal](https://acs.astar.network/) - Additional earning opportunities available through [incentivized pools](https://velodrome.finance/liquidity?filters=Soneium) *The ACS campaign was a collaboration between Astar Network and Soneium ecosystem to reward user engagement on Velodrome.*
Amplifi Rebrands to Earned Network, Integrates with Velodrome on Mode Network
**Earned Network** (formerly Amplifi) has announced a strategic integration with Velodrome to enhance DeFi capabilities on Mode Network. Key updates: - Automatic stablecoin swaps now available across various liquidity pools - Integration leverages Velodrome's unique on-chain data structure - AI Agent integration capabilities maintained post-rebrand The partnership aims to streamline DeFi operations and improve liquidity management on the Mode Network ecosystem. Learn more about the transformation at [@Earned_Network](https://twitter.com/Earned_Network)
Velodrome Maintains Market Leadership on Soneium
Velodrome continues its strong performance on Soneium, maintaining its position as the leading DEX platform. Recent highlights: - Achieved #1 DEX status with highest trading volume - Consistently outperforming all other DEXs combined - Sustained $30M+ weekly trading volume This follows a pattern of growth, with recent weeks showing more than double the average volume compared to previous months. *Trading metrics indicate sustained market dominance rather than temporary spike.*