Velodrome Partners with Celo and Self Protocol for Human-Only Rewards
Velodrome Partners with Celo and Self Protocol for Human-Only Rewards
🤖 Humans Only Zone
Velodrome introduces VerifiedERC20 - a new token standard that ensures only verified humans can claim voting rewards.
How it works:
- Download Self app and scan passport/ID for identity verification
- Vote for boosted reward pools on Celo
- Prove humanity through zero-knowledge verification to claim rewards
Key benefits:
- Prevents bot manipulation of reward systems
- Maintains privacy through zkKYC technology
- Preserves DeFi composability and immutability
This collaboration between Velodrome, Celo, and Self Protocol represents a significant step toward onchain human verification in DeFi.
Learn more: Self Protocol Blog
Onchain rewards, but only for humans... Who's building this? We are. Velodrome has teamed up with @celo & @SelfProtocol to pioneer a new token standard: VerifiedERC20––and its first application is enabling voting rewards for zk-verified humans Here's how it works 👇
**Velodrome Achieves 100x Volume Growth on Unichain**
Velodrome has achieved remarkable **100x growth** in monthly volumes since launching on Unichain, marking a significant milestone for the decentralized exchange. This explosive growth builds on previous momentum: - July saw volumes **triple** compared to launch period - Generated more volume in one month than all previous months combined - Demonstrates accelerating adoption on the Unichain network The 100x increase represents one of the most dramatic volume expansions in DeFi, showcasing Velodrome's ability to capture significant market share on new chains. **Key implications:** - Validates Velodrome's multi-chain strategy - Shows strong product-market fit on Unichain - Positions protocol for continued Superchain expansion Velodrome continues to establish itself as the dominant liquidity hub across the Optimism Superchain ecosystem.
Celo Boosted Voter Rewards Now Live
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Velodrome Clears Security Audit After NPM Incident
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