Velodrome

The Velodrome community warns users not to interact with their front end as their provider has been exploited again.

Velodrome advises not to use the link in their Twitter bio and instead use the link provided in the quoted tweet, as it is a safe mirror link.

The Velodrome community assures that the protocol funds are safe and contracts are unaffected. Users are advised to access the decentralized frontend at [link] and review any permissions granted in the last several hours.

Velodrome's frontend is currently compromised. Users are advised not to interact with Velodrome until further notice. The team is investigating the issue and will provide updates.

TokenDao_ has launched its $TKN token on Velodrome, providing incentives for the $TKN - $WETH pair. $veVELO voters are encouraged to participate.

Velodrome's Slipstream is undergoing an audit with SpearbitDAO. Slipstream aims to introduce a new method for concentrated liquidity and position Velodrome as the primary volume hub for Optimism.

Epoch 76 on Velodrome has been completed with a total of approximately $374k in swap fees and voting incentives distributed to $veVELO voters, marking the highest figure in 10 weeks. The recorded volume for this epoch has also surged to a 14-week high of ~$57 million.

The @ConnextNetwork proposal has passed, which means $NEXT is coming to Velodrome. Incentives will also be given to $veVELO voters.

Synthetix has transferred approximately $1.4 million worth of $sUSD POL from Curve to Velodrome. The funds will be used to increase liquidity on Velodrome and to farm and lock additional $VELO tokens.

Lido Finance has returned to Optimism and is offering over $50,000 in voting rewards for $wstETH pairs. Velodrome community members are encouraged to welcome Lido Finance and take advantage of the rewards.