Velodrome

Several blockchain networks have activated xVELO LP rewards through Superlane interoperability: - **Soneium**: Offering rewards up to 5,085% for WETH-ASTR pair - **Inkonchain**: Featuring 6,681% for WETH-XVELO pair - **Metal L2**: Leading with 7,673% for WETH-XVELO pair - **Lisk**: Providing up to 5,059% for WETH-XVELO pair *Key trading pairs across platforms include*: - WETH-XVELO - USDC.E-WETH - WETH-Platform Token - Stablecoin pairs Want to start earning? Connect your wallet to participate in these LP rewards programs.

Velodrome demonstrated significant growth in 2024, with cumulative trading volume expanding from $7.5B to $22.6B. Key developments: - **Slipstream Integration**: Consistently driving >90% of trading volume - **Recent Performance**: Latest epoch (135) delivered $727K in rewards with $418M volume - **Record Breaking**: Second-highest rewards ever recorded in Epoch 134 ($1.117M) - **Superchain Expansion**: Successfully deployed on multiple chains including Fraxtal, Mode, and Lisk The protocol maintains its public goods focus, returning 100% of value to voters and LPs.

Velodrome is launching several significant protocol improvements to enhance its position as a central liquidity hub on the Optimism network: - **ALM V2**: Enhanced passive liquidity management system - **Slipstream V2**: New support for dynamic fee structures - **VELO Fed**: Implementation of adjustable emissions - **Relay V2**: Integration with Superchain network - **Superswaps**: Introduction of bridge-free cross-chain trading These updates align with Velodrome's expansion plans across multiple OP Stack L2s, aiming to improve liquidity provision and trading experience across the Superchain ecosystem.

Velodrome's Epoch 123 saw $322 million in trading volume, with Slipstream accounting for 95%. veVELO voters received their highest total rewards in the last 7 epochs, totaling ~$479k. This continues a trend of strong performance, as Epoch 120 had $233 million in volume with $375k in rewards. Velodrome remains a dominant force on Optimism, consistently delivering high volumes and rewards through its Slipstream concentrated liquidity pools.

The latest Superchain Airdrop is in full swing, with over 10 million OP tokens already distributed to eligible participants. This marks a significant milestone in the ongoing airdrop campaign, which still has an impressive 550 million OP tokens left to distribute. - 10M+ OP tokens airdropped - 550M OP tokens remaining for distribution This airdrop is part of the broader Superchain ecosystem expansion, which has seen substantial growth across various layer-2 solutions: - Base: 10M+ actions - Optimism: 5.6M+ actions - Mode Network: 1.2M+ actions - Zora: 600K+ actions Recent additions to the OP Stack include Redstone, Cyber, and Frax Finance, further expanding the Superchain's reach and capabilities.

Velodrome, the primary trading and liquidity hub on Optimism, welcomes @dinero_xyz to its platform. The launch introduces $DINERO tokens across various pools on Velodrome. - Multiple $DINERO pools now available - Voting incentives coming soon for pxETH pools This launch follows the recent addition of @dForcenet's $SUSX - $USDC pool on Velodrome, highlighting the platform's continuous growth and diversification of offerings. For more information on the new pools and upcoming incentives, visit Velodrome's official channels.

**Velodrome calls for community support in BOB Fusion Season 3 voting.** - Round 2 of voting begins tomorrow on the BOB platform - Participants can use Spice in their BOB accounts to cast votes - New ways to harvest Spice introduced this season - Top protocol stands to win a significant prize Velodrome, a key player in Optimism's DeFi ecosystem, is rallying for votes. This event presents an opportunity for the community to shape the future of decentralized finance. **How to participate:** 1. Visit https://app.gobob.xyz/apps 2. Use your Spice to vote for Velodrome Your vote matters in determining the leading protocols in the space.

The latest Tour de OP Yellow Jersey update reveals a shift in the leaderboard: - 🥇 @ExactlyProtocol - 🥈 @LidoFinance - 🥉 @MetronomeDAO Tour participants shared $23.55k in $OP voting incentive boosts, rewarding their contributions to: - Volume - Ecosystem pairs - Voting incentives This marks an increase from the previous week's $21.41k distribution. @ExactlyProtocol reclaimed the top spot after briefly ceding it to @LidoFinance last week. **Key Observation**: The top three contenders have remained consistent over the past several weeks, with only their rankings changing.

Angle Protocol has announced plans to launch two stablecoins, $USDA and $EURA, on the Mode Network. This development follows a recent trend of new launches on the platform, including the introduction of $STONE by Stake Stone. Mode Network users are advised to monitor for potential liquidity provider (LP) rewards associated with these new offerings.

Velodrome's Slipstream concentrated liquidity platform has reported higher swap fees compared to its v2 counterpart for the fifth consecutive epoch. The Slipstream system is designed to provide consistent liquidity provider (LP) rewards across various market conditions. Notably, veVELO token holders receive the entirety of the generated fees. This consistent outperformance suggests a growing preference for Slipstream's concentrated liquidity model among traders and liquidity providers on the Optimism network.