Velodrome

Optimism, a layer 2 scaling solution for Ethereum, has announced plans to release a more secure OP Stack in the near future. This update is expected to remove a significant barrier to liquidity migration from the Ethereum mainnet to the layer 2 network. The OP Stack is the central trading and liquidity marketplace on Optimism, and this enhancement is anticipated to usher in a new era for the platform.

The new Slipstream compatible router has been deployed on Velodrome, offering improved quotes and better routing. Users can now enjoy enhanced features when swapping on Velodrome.

The Optimism network, a layer-2 scaling solution for Ethereum, is set to implement the EIP-4844 upgrade tomorrow, March 13th, 2024. This upgrade is expected to significantly reduce transaction costs on the Optimism network and the broader Superchain ecosystem. The Optimism team is building anticipation among its community members, dubbed 'riders,' for the cost-saving benefits of this upgrade.

Welcome to @letsgethai who is now incentivizing liquidity on $KITE - $OP and $HAI - $sUSD. Make your votes count before the epoch flip on Thursday at 00:00 UTC!

A warm welcome to @redactedcartel for incentivizing liquidity on $pxETH - $WETH. Users are encouraged to participate and make their votes count! :ballot_box:

VelodromeFi announced a live interview with @wagmiAlexander happening in one hour. Followers are encouraged to join the session.

Velodrome announces a new incentive program in partnership with Chaos Labs where projects offering incentives for $USDC pairs can receive boosts of 10k $OP.

VelodromeFi recently made their first Slipstream deposit and mentioned that others will be able to join them very soon.

The MetaDEX model is gaining popularity and becoming more widely accepted in the Velodrome community as of 2024-02-26.

Velodrome Relay has onboarded five new protocols, collectively depositing 15M additional veVELO into strategies to support their pairs. Approximately 15% of total veVELO voting power will now be using Relay for auto voting, claiming, and compounding. Thirteen protocols, including Lido Finance, Synthetix, Stargate Finance, and others, are growing their $veVELO each week through Relay.