VELO Token Supply Reduction Analysis
VELO Token Supply Reduction Analysis
🚲 VELO's Disappearing Act
Recent data shows significant changes in VELO token metrics:
- Supply Reduction: Net decrease of 4.2M tokens in circulating supply
- Locking Activity: 30.9M VELO tokens locked
- Emission Rate: 26.6M new tokens emitted
- Net Effect: 4M+ reduction in available tokens
Previous epoch data indicates strong protocol growth:
- Trading volume reached $182M (33% increase)
- ~$120k distributed in voting rewards
- 6M+ VELO locked exceeded emissions
This trend suggests growing protocol engagement and potential supply constraints.
Two New Stablecoins Launch: USDK and USDG
Two new stablecoins have launched in the crypto ecosystem: - **USDK**: Native stablecoin from OrkiFi on Swellchain - Trading pairs with WETH and USDe - Incentives and emissions program active - **USDG**: Stablecoin from Global Dollar - Backed by Kraken, Robinhood, and Anchorage Digital - Trading pairs with WETH, kBTC, and USDT - Emissions and incentives available Both stablecoins offer liquidity provider (LP) opportunities with various trading pairs. Users can participate in incentive programs for additional rewards.
Superchain Weekly Update
Velodrome continues expansion across the Superchain with significant developments: - Volume beyond OP Mainnet exceeded $100M in consecutive epochs - Soneium platform shows accelerated growth with back-to-back weeks of $30M+ volume - New token launches include $USDG on Ink Chain - ACS Campaign enters final phase on Soneium - Top liquidity pools offering competitive APRs: - WBTC-WETH: ~713% - ASTR-WETH: ~487% - USDC.e-WETH: ~206% The protocol maintains its position as leading DEX across multiple chains while focusing on sustainable growth and liquidity depth.
Velodrome Releases Sugar SDK v0.2.3 Update
Velodrome has released a significant performance upgrade to their Sugar SDK, enabling developers to build more efficiently on their platform. The update focuses on: - Enhanced performance capabilities - Improved development tools - Better integration options Developers currently using the Sugar SDK are encouraged to update to the latest version. The release is part of Velodrome's ongoing efforts to improve their development ecosystem following their recent UI overhaul. **Get Started**: [View Release Notes](https://github.com/velodrome-finance/sugar-sdk/releases/tag/v0.2.3)
Slipstream Launches Concentrated Liquidity Trading on OP Mainnet and Base
Slipstream has introduced concentrated liquidity trading for blue-chip pairs on both OP Mainnet and Base networks. Key features: - Best-in-class swap efficiency - Focus on blue-chip trading pairs - Easy and fast execution - Available on multiple networks The platform aims to maximize trading efficiency through concentrated liquidity pools, offering traders improved execution and reduced slippage. Visit [Slipstream](https://slipstream.exchange) to start trading.
ACS Campaign Final Countdown: 72 Hours Left for 100M ASTR Rewards
The 100-day ACS Campaign on Soneium is entering its final phase with less than 72 hours remaining. Key points: - Total reward pool: 100M ASTR - Special OG Badge eligibility for holders with 1,000+ ACS - Eligible pools for staking: - CL100-WETH/USDC - vAMM-WETH/USDC - CL50-ASTR/WETH - CL1-USDT/USDC - CL200-WETH/xVELO Campaign ends May 30th. Participants must stake liquidity in eligible Velodrome pools to qualify for rewards. **Action needed**: Deposit and stake in eligible pools before the deadline to secure rewards.