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Velodrome
@velodrome
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.
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Velodrome
@velodrome
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.
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Velodrome
@velodrome
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.
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Velodrome
@velodrome
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.
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Velodrome
@velodrome
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.
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