Velodrome

Velodrome, the central trading and liquidity marketplace on Optimism, has announced a boost in the rewards for its Slipstream liquidity pools. The updated rewards more accurately reflect the rates for liquidity providers concentrating their liquidity around the active price range or 'tick'. Users are encouraged to explore the updated rewards.

Relay, the central trading and liquidity marketplace on Optimism, has open-sourced its contracts on GitHub. This move allows for deeper integrations with partner protocols on the Optimism network. The availability of the source code facilitates transparency and enables developers to understand and build upon the Relay protocol.

Velodrome, the central trading and liquidity marketplace on Optimism, has released an update on the rewards for various liquidity pools. The update shows significant rewards for pools involving OP, USDC, WETH, SNX, DAI, WBTC, SUSD, and USDT tokens. The highest rewards are for the OP-USDC pool at around 2454%, followed by USDC-WETH at around 1929% and SNX-USDC at around 1926%.

Chainlink, a leading provider of oracle and price feed solutions, has successfully deployed the $VELO - $USD price feed on the Optimism network. This new price feed is now live, enabling accurate and reliable pricing data for the VELO token against the US dollar on Optimism's decentralized trading and liquidity platform.

Velodrome, a decentralized exchange on Optimism, has announced plans to expand its liquidity engine to the Optimism Superchain and Build on Bob (BOB), a Bitcoin Layer 2 with Ethereum Virtual Machine compatibility. Velodrome will serve as the primary decentralized exchange for the Superchain, enabling seamless liquidity sharing across interoperable Layer 2 chains. On BOB, Velodrome aims to support the growth of Bitcoin DeFi by deploying its innovative automated market maker and liquidity mining technology. This collaboration aligns with the Superchain's mission of delivering an interoperable and standardized experience across chains.

Velodrome, the liquidity engine of the Superchain, has announced its integration with the Mode network. This move allows Velodrome to help bootstrap liquidity for the Mode ecosystem and provide opportunities for new builders. Previously, Velodrome had signaled its evolution from a liquidity marketplace for protocols to one for layers on the Superchain. Mode is the first layer to benefit from Velodrome's liquidity incentives, with more layers expected to follow.

A new partnership has been announced between the Optimism project and Build on Bob, a platform focused on providing trading and liquidity services on the Optimism network. Build on Bob is described as the central trading and liquidity marketplace operating on Optimism.

Slipstream, the central trading and liquidity marketplace on Optimism, has released a series of updates in the past 24 hours. These updates aim to enhance the deposit experience, resolve common bugs, and introduce an in-range indicator. Users are encouraged to explore the improved Slipstream UI.

Velodrome, the central trading and liquidity marketplace on Optimism, has released an update on the rewards earned by liquidity providers (LPs) on various trading pairs. The update highlights significant rewards, with LPs earning up to 2167% on the WBTC-WETH pair, 1440% on the DAI-WETH pair, and 626% on the KWENTA-WETH pair. Other notable rewards include 144% on the SNX-USDC pair, 66% on the USDC-SUSD pair, 54% on the USDC-DAI pair, 41% on the USDC-USDC.E pair, and 24% on the WSTETH-WETH pair.

Velodrome Finance has created data dashboards providing an overview of the Aerodrome and Velodrome decentralized exchanges on the Optimism network. The dashboards display protocol holdings, recent transactions, and core metrics for each DEX. Key features include funds and balance history for protocol accounts, the most recent transactions made on each exchange, and relevant data on flows to centralized exchanges and perpetual contracts. These dashboards offer transparency into the operations of the two leading liquidity marketplaces on Optimism.