veVELO Voters Growth and Rewards Update

🚲 Voters Chase $65M Pot

By Velodrome
Jan 20, 2025, 2:54 PM
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Velodrome's veVELO voter base continues to expand, marking a 6.​11% increase in the past month from 13,676 to 14,512 participants.​

The platform has achieved a significant milestone with $65.​5M in total rewards distributed to veVELO voters, representing a $5.​5M increase from November's $60M mark.​

  • Rewards include both trading fees and incentives
  • All Superchain chains contribute to the reward pool
  • Consistent growth in voter participation signals strong platform adoption
Sources
Read more about Velodrome

**Velodrome Hits Major Milestones Across Superchain** - **Boosted rewards** now live on Celo - **100x volume growth** on Unichain since launch - **VerifiedERC20** - new token standard enabling verified liquidity - **Save the date**: November 12, 2025 for major announcement - **#1 DEX** position maintained across 8+ Superchain networks Velodrome continues **accelerating beyond OP Mainnet** with significant traction on newer chains. The **VerifiedERC20 standard** represents innovation in token verification for DeFi. *T-minus 2 months* until the November event - details to follow.

**Velodrome Hits Major Milestones Across Superchain**

- **Boosted rewards** now live on Celo
- **100x volume growth** on Unichain since launch
- **VerifiedERC20** - new token standard enabling verified liquidity
- **Save the date**: November 12, 2025 for major announcement
- **#1 DEX** position maintained across 8+ Superchain networks

Velodrome continues **accelerating beyond OP Mainnet** with significant traction on newer chains. The **VerifiedERC20 standard** represents innovation in token verification for DeFi.

*T-minus 2 months* until the November event - details to follow.

Velodrome announces boosted rewards on Celo, 100x volume growth on Unichain, and introduces VerifiedERC20 token standard. Major announcement scheduled for November 12, 2025. Maintains #1 DEX status across Superchain.

Celo Boosted Voter Rewards Now Live

**Boosted voter rewards** are now available on Celo pools for human participants only. **Eligible pools include:** - USDT / WETH - USDT / USDC - USDT / cUSD - CELO / USDT This follows Celo's previous $750K incentive campaign that launched in April, offering rewards through liquidity provision on multiple trading pairs. **Ready to earn?** Check the platform for step-by-step instructions on claiming your voter rewards.

Velodrome Clears Security Audit After NPM Incident

**Velodrome completed an internal security audit** following today's NPM incident and found no vulnerabilities affecting their platform. The Optimism-based DEX conducted the review as a precautionary measure after the broader NPM security event impacted various web3 projects. **Key findings:** - No known vulnerabilities detected on Velodrome website - Platform remains secure for user interactions - Team continues monitoring the situation This marks a contrast to Velodrome's November 2023 frontend compromise, when the team advised users to avoid the platform during their investigation. The team will provide updates if any new information emerges about the NPM incident's impact.

Velodrome Partners with Celo and Self Protocol for Human-Only Rewards

Velodrome Partners with Celo and Self Protocol for Human-Only Rewards

**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](https://self.xyz/blog/velodrome-x-self-boosted-rewards-for-real-humans)

Velodrome Releases 2025 Mid-Year Performance Report

Velodrome published its **2025 mid-year recap** highlighting major developments across the Superchain ecosystem. Key achievements include: - Launch of **Superswaps** feature - Expansion across multiple Superchain networks - Significant growth in trading volume and liquidity The report covers the protocol's progress in becoming the central trading hub for the Optimism ecosystem and its broader Superchain integration. [Read the full recap](https://medium.com/@VelodromeFi/velodrome-2025-mid-race-check-in-8bc37cb86310)

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