Maksym Bondarenko
@mmaker
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Superchain project Highlight: @velodrome ๐ฒ
โVelodrome is the trading and liquidity marketplace of the Superchain and is deployed on over 10 OP Stack chains, including OP Mainnet, @soneium, @lisk, and @superseed, Velodrome is the liquidity engine driving DeFi across the Superchain.โ
Velodrome is powered by the MetaDEX Model, which uniquely aligns the incentives of traders, liquidity providers, and token lockers to fuel enduring growth. Emissions are an essential part of the model, ensuring that those who actively contribute are actively rewarded.
$VELO is distributed to liquidity providers through these emissions. Users can then lock $VELO to receive veVELO, this system incentivizes long-term commitment, as the longer tokens are locked, the greater the voting power and rewards.
Now, @velodrome emissions will mature into the next phase: Dynamic Emissions determined by veVELO voters. 1 reply
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