Velodrome

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.

Velodrome Finance, the central trading and liquidity marketplace on Optimism, has announced the addition of two new projects to its platform: Tecmns ($TEC) and Giveth ($GIV). The platform has also revealed plans to introduce $veVELO voting incentives, allowing users to participate in governance decisions.

Velodrome Finance has announced the listing of its SNX-USDCe vault on the Rivo Yield Marketplace, offering an estimated 25.33% annual percentage yield (APY). The vault deposits assets into the SNX-USDCe liquidity pool on Velodrome and stakes the LP tokens, earning the VELO governance token. The earned VELO tokens are swapped for more underlying assets and auto-compounded by Beefy Finance to boost yields. Users can invest in the vault using any token and monitor their earnings and manage their positions through Rivo.

Optimism, a leading layer-2 scaling solution for Ethereum, is gearing up for the launch of its highly anticipated Community marketplace. This decentralized platform aims to serve as a central hub for trading and liquidity provision within the Optimism ecosystem. With its imminent release, the Community marketplace is poised to revolutionize the way users interact and transact on the Optimism network.

Slipstream, the central trading and liquidity marketplace on Optimism, is demonstrating its capabilities. In the coming week, integrations with aggregators are anticipated to go live, and projects are expected to start shifting their incentives to clAMM pools on Slipstream.