Velodrome

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.

VelodromeFi has integrated with Velodrome on Optimism to provide additional yield opportunities and protection to liquidity pools. Users depositing LP tokens into Amulet's Velodrome Vault can benefit from 24/7 protection by AmuShield, auto-compounding of VELO rewards, and AMU farming rewards.

The $USDC migration campaign on Velodrome will begin tomorrow, featuring 10,000 in OP weekly incentive matches. The plan to migrate to @Optimism can be found below.

Velodrome Slipstream is preparing for launch with incentivized pools including various token pairs and introducing a new user experience for depositing liquidity. Users can choose between different AMM types and have the flexibility to view and manage their positions. The platform aims to bring the high activity from clAMM pools on @Optimism to Velodrome and offers 100% of staked fee rewards to voters without offchain rewards tech.

Velodrome offers 10k $OP slices for protocols incentivizing migration to native $USDC on OP. Partnership with @chaos_labs to lead the way on Optimistic Superchain. Updated 'Tour de OP' program grants 20k $OP boosts. Additional GovNFT lock bonus and participation in @OptimismGov. Velodrome serves as gateway to Optimistic Superchain for expanding protocols.

Velodrome community announces the launch of the revamped 'Tour de OP' program on February 22nd. The program includes boosting protocols incentivizing on Velodrome with 20,000 OP weekly and a new protocol lock program.

Velodrome, in collaboration with Chaos Labs, is working towards increasing the adoption of USDC.