O P T I M I S M 🔴✨

Yield Bearing Asset OP Grant on Velodrome  🚴🔴

Optimism has awarded Velodrome a 200,000 OP grant to supercharge liquidity for Yield-Bearing Assets (YBAs) across the Optimism Mainnet.

Campaign Aim 🎯

The goal is to drive up YBA TVL by encouraging YBA deposits and expanding Velodrome’s reach across Optimism, positioning it as the go-to platform for Yield-Bearing Assets.

The central trading and liquidity marketplace on @optimismFND

velodrome.finance 


Incentive Distribution 🔴

We’re targeting 10,000 OP per week to incentivize trading pairs on Velodrome - matching incentives for pools of YBAs and driving the most productive forward.

Asset Inclusion 🫵

This isn’t limited to ETH staking assets. While wstETH, sfrxETH, cbETH all qualify, any Yield-Bearing Asset can be supported during the campaign. This includes stablecoins and Bitcoin LRTs.

YBA growth 🫶

Velodrome is integral to onboarding and deepening liquidity for YBAs on Optimism, enabling a variety of assets for Superchain users to access and explore.

Projects interested in OP incentive matching can reach out to learn more.