Base

Today we are excited to kick off a Season 3 of Velvet Capital Liquidity Mining Program

3x boost on $pVLV rewards is live for a limited time on Velvet Capital’s new app!

Learn how to earn the most $pVLV below 🧵

Backed by Binance Labs and other top VCs, Velvet Capital’s institutional-grade intent operating system for DeFi offers a seamless way for anyone to create, manage, & launch on-chain funds, structured products, & tokenized portfolios!

Now you can easily manage all DeFi interactions from a single platform & earn optimal yield from lending, staking, or liquidity across assets & ecosystems!

Intent Operating System for DeFi (backed by Binance Labs)

Velvet Liquidity Mining Program Season 3

- 3x Rewards: For activity on the new App (Base and future releases) for the coming months.
- Exclusive Tiers: From Bronze to Platinum, each tier offers unique benefits.
- Future Value: $pVLV earnings count towards $VLV airdrop

How to Earn Airdrop $pVLV

- Total Value Locked (TVL)  —  Earn $pVLV for every $ you have on Velvet
- Total Value Referred (TVR) —  Earn $pVLV for referring your friends
- Total Value Managed (TVM)  — Earn $pVLV for every $ others put in your Vault
- Trading Volume - Earn $pVLV for every $ you trade

You can use the airdrop tracker within the Velvet Capital track $pVLV daily

Tokenomics of $VLV

We're introducing a revolutionary tokenomics model: the ve(3,3) system, along with governance rights, and trading fees discount.

This model ingeniously blends the vote-escrow mechanism with the (3, 3) staking logic, creating a powerful engine for Total Value Locked (TVL) growth. This approach, already battle-tested by a new generation of DeFi protocols, perfectly aligns the incentives of token holders, vault investors, and vault managers on our platform.

Post-TGE users will also be able to stake $VLV to participate in DAO Governance and reduce Trading Fees on the app. So to have power and influence in the future of Velvet Capital you will want to accumulate as much $pVLV as possible to receive $VLV at TGE!

Read the full announcement: https://t.co/9BEMO38SHD