Velodrome's Slipstream Fees See Rapid Growth

馃敟 Fees Soaring, Rewards Flowing

By Velodrome
May 2, 2024, 6:27 PM
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Velodrome's Slipstream concentrated liquidity pools have experienced a surge in fees due to increased trading volumes.​ The Slipstream model improves upon UniswapV3 by offering wider tick spacing, reducing the need for frequent rebalancing, and providing consistent VELO token rewards to liquidity providers.​ This incentivizes liquidity provision and helps maintain efficient trading during volatile market conditions.​ Velodrome complements the concentrated pools with full-range liquidity pools to ensure liquidity availability even during extreme price movements.​ The platform aims to offer a new paradigm for concentrated liquidity provision and trading with less rebalancing, predictable reward streams, and improved security.​

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Velodrome Hits All-Time Volume High on Unichain with $167M

Velodrome Hits All-Time Volume High on Unichain with $167M

**Velodrome achieved record-breaking performance** in Epoch 182, with volumes on Unichain reaching all-time highs of $167M. Key metrics from the latest epoch: - **$343M+ total volume** across the Superchain - **$198M in volume** generated beyond OP Mainnet - **$217K distributed** in voting rewards to participants - Maintained **#1 DEX position** across 8 different chains The milestone pushed Velodrome's **year-to-date volume past $2B**, demonstrating sustained growth in the decentralized exchange space. This performance builds on previous efficiency gains, where Velodrome's top Unichain pool generated comparable volume to competitors using just 1% of their total value locked.

Velodrome & Aerodrome Communities Unite Under New Aero Reddit Hub

**Velodrome and Aerodrome** have officially consolidated their Reddit communities following their merger into **Aero**. The unofficial subreddit has been retired to create a single, unified space for both projects. This move reflects the broader integration of the two DEX platforms. - Community members can now find discussions and updates in one central location - The merger represents a significant consolidation in the DeFi space - Both projects' users are encouraged to join the new unified community The new community hub is available at [r/aero](https://www.reddit.com/r/aero/) for all Velodrome and Aerodrome users.

馃敀 VELO Commitment Deepens

馃敀 VELO Commitment Deepens

**VELO Token Locking Metrics Show Strong Community Commitment** Approximately **54% of VELO's total supply** remains locked by holders, demonstrating sustained confidence in the protocol. **Key Statistics:** - Average lock duration: **3.61 years** - **89% of locks** are set to auto-max - Over **14,000 veVELO holders** participating - **$73M+ in voter rewards** distributed to date The locking mechanism allows VELO holders to earn voting power and rewards while committing their tokens for extended periods.

Velodrome Finance Continues Domain Migration Process

Velodrome Finance is directing users to utilize specific decentralized domains during an ongoing migration process. **Available domains:** - [velo.drome.eth.limo](http://velo.drome.eth.limo) - [velo.drome.eth.link](http://velo.drome.eth.link) - [aero.drome.eth.limo](http://aero.drome.eth.limo) - [aero.drome.eth.link](http://aero.drome.eth.link) The protocol references an unspecified incident that prompted this migration. Users should bookmark these alternative domains to maintain access during the transition period. *Always verify domain authenticity through official channels before connecting wallets.*

馃毚 Tea Protocol Joins Superchain as Velodrome Expands Multi-Chain DEX Operations

馃毚 Tea Protocol Joins Superchain as Velodrome Expands Multi-Chain DEX Operations

**Velodrome is launching on Tea**, the new L2 from Tea Protocol designed as Ethereum's open source layer. **Tea's Mission:** - Enhance open-source software sustainability - Restructure software incentives - Create secure OSS supply chains - Deliver modern onchain app UX **Coming Features:** - Vote on OP Mainnet for Tea pools - Bridge xVELO to Tea LPs - Deposit voter incentives across networks - Claim rewards on Tea - Access Slipstream CL **Launch Details:** - 2M veVELO locked - 1M allocated for incentives - Emissions directed to key pools - Boosted liquidity on Velodrome This expansion continues Velodrome's **Superchain growth strategy**, following their 1M OP grant to deepen TVL across the Optimism ecosystem.

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