{"id":47697,"date":"2025-08-18T23:12:22","date_gmt":"2025-08-18T20:12:22","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=47697"},"modified":"2025-08-18T23:19:04","modified_gmt":"2025-08-18T20:19:04","slug":"velodrome-finance-optimism-defi-nft-governance-velo","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/velodrome-finance-optimism-defi-nft-governance-velo\/","title":{"rendered":"What is Velodrome Finance (VELO)? DeFi and NFT Governance"},"content":{"rendered":"<p><span data-contrast=\"auto\"><strong>Velodrome<\/strong> Finance is a decentralized Automated Market Maker (AMM) protocol operating on the Optimism network. Inspired by Andre Cronje\u2019s Solidly model, it offers fast and low-cost transactions.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The platform serves as the liquidity hub within the <strong>Optimism ecosystem<\/strong>, providing liquidity providers with flexible trading and high efficiency. By locking <strong>VELO tokens<\/strong>, users receive <strong>veVELO NFTs<\/strong>, enabling them to vote on liquidity incentives and contribute to platform growth. It is a DeFi-focused AMM built on Web3 infrastructure with an NFT-based governance system.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-48300 \" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/veledrome-velo-1024x576.jpeg\" alt=\"\" width=\"825\" height=\"464\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/veledrome-velo-1024x576.jpeg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/veledrome-velo-300x169.jpeg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/veledrome-velo-768x432.jpeg 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/veledrome-velo-1536x864.jpeg 1536w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/veledrome-velo.jpeg 1600w\" sizes=\"auto, (max-width: 825px) 100vw, 825px\" \/><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/velodrome-finance-optimism-defi-nft-governance-velo\/#Team\" title=\"Team\u00a0\">Team\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/velodrome-finance-optimism-defi-nft-governance-velo\/#Investors_Supporters\" title=\"Investors &amp; Supporters\u00a0\">Investors &amp; Supporters\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/velodrome-finance-optimism-defi-nft-governance-velo\/#Project_Concept\" title=\"Project Concept\u00a0\">Project Concept\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/velodrome-finance-optimism-defi-nft-governance-velo\/#How_It_Works\" title=\"How It Works\u00a0\">How It Works\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/coinengineer.net\/blog\/velodrome-finance-optimism-defi-nft-governance-velo\/#Roadmap_Key_Milestones\" title=\"Roadmap &amp; Key Milestones\u00a0\">Roadmap &amp; Key Milestones\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/coinengineer.net\/blog\/velodrome-finance-optimism-defi-nft-governance-velo\/#What_is_the_VELO_Token\" title=\"What is the VELO Token?\u00a0\">What is the VELO Token?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/coinengineer.net\/blog\/velodrome-finance-optimism-defi-nft-governance-velo\/#Token_Details\" title=\"Token Details\u00a0\">Token Details\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/coinengineer.net\/blog\/velodrome-finance-optimism-defi-nft-governance-velo\/#Token_Distribution_Total_Supply_400M_VELO\" title=\"Token Distribution (Total Supply: 400M VELO)\u00a0\">Token Distribution (Total Supply: 400M VELO)\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/coinengineer.net\/blog\/velodrome-finance-optimism-defi-nft-governance-velo\/#Ecosystem\" title=\"Ecosystem\u00a0\">Ecosystem\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/coinengineer.net\/blog\/velodrome-finance-optimism-defi-nft-governance-velo\/#Official_Links\" title=\"Official Links\">Official Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Team\"><\/span><span data-contrast=\"auto\">Team<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">Velodrome Finance is managed by an anonymous team. Limited public information is available about the founders, though Alexander Cutler is a notable contributor. The project gained support from various communities and protocols at launch, with its strategic positioning on the Optimism network enhancing its ecosystem importance.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Investors_Supporters\"><\/span><span data-contrast=\"auto\">Investors &amp; Supporters<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">Optimism Foundation: Largest strategic supporter, locking 35 million veVELO tokens to strengthen liquidity infrastructure. Provides multiple grants for open-source tool development and ecosystem growth.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ul>\n<li><strong>Strategic Partnerships\u00a0<\/strong><\/li>\n<\/ul>\n<p><span data-contrast=\"auto\">Frax Finance: Launch partner, early listing of <strong>$FRAX and $FXS<\/strong> pairs on Velodrome.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Revest Finance (Resonate): Collaboration since September 2022, enabling LP positions tokenization as FNFTs and yield futures integration.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Inverse Finance DAO: Deepened liquidity on Velodrome via \u201cVelo Fed\u201d and gained voting power with veVELO locking.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ul>\n<li><strong>Protocol Partnerships\u00a0<\/strong><\/li>\n<\/ul>\n<p><span data-contrast=\"auto\">Velodrome collaborates with numerous DeFi protocols within the Optimism ecosystem to provide capital-efficient liquidity and reinforce its role as the primary liquidity center.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-48301 \" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velodrome-op-1024x640.png\" alt=\"\" width=\"800\" height=\"500\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velodrome-op-1024x640.png 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velodrome-op-300x188.png 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velodrome-op-768x480.png 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velodrome-op.png 1200w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Project_Concept\"><\/span><span data-contrast=\"auto\">Project Concept<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">Velodrome introduces innovative approaches to liquidity pools and swap mechanisms in <a href=\"https:\/\/coinengineer.net\/blog\/category\/project-review\/defi-projects\/\">DeFi<\/a>. Combining the strengths of <a href=\"https:\/\/coinengineer.net\/blog\/fake-curve-finance-app-scams-users\/\"><strong>Curve<\/strong><\/a>, Convex, and Uniswap, it aims to offer users efficient token swaps and high-yield liquidity provision.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-48302 \" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-1024x640.jpeg\" alt=\"\" width=\"808\" height=\"505\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-1024x640.jpeg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-300x188.jpeg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-768x480.jpeg 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-1536x960.jpeg 1536w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-2048x1280.jpeg 2048w\" sizes=\"auto, (max-width: 808px) 100vw, 808px\" \/><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"How_It_Works\"><\/span><span data-contrast=\"auto\">How It Works<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">Velodrome is based on two main tokens: VELO and veVELO.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ol>\n<li><span data-contrast=\"auto\">Liquidity Pools: Users provide liquidity by depositing tokens into pools, earning transaction fees and VELO emissions.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">veVELO (Governance Token): Obtained by locking VELO tokens, veVELO NFTs give holders voting rights on which pools receive more token emissions, directing liquidity where it\u2019s most needed.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Transaction Routing: Utilizes Optimism Layer-2\u2019s low fees and high speeds for fast and economical user experience.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ol>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-48303 \" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo.png\" alt=\"\" width=\"775\" height=\"418\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo.png 881w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-300x162.png 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-768x414.png 768w\" sizes=\"auto, (max-width: 775px) 100vw, 775px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Roadmap_Key_Milestones\"><\/span><span data-contrast=\"auto\">Roadmap &amp; Key Milestones<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><span data-contrast=\"auto\">Launch (June 2022): Velodrome Finance officially launched on June 2, 2022.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Security Audits (2023): Underwent comprehensive audits by Spearbit in February and May 2023.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Velodrome V2 (June 2023): Released on June 22, 2023, adding concentrated liquidity, dynamic fees, and emission rates to enhance efficiency and user experience.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Upcoming 2025 Features: SoFinQ Trading Competition, Transact Cloud Integration, Profit Sharing, Tron Chain &amp; Wallet Integration, B2B Crypto Partnership, Airline Industry Integration, New PayFi powered by AI.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Future Projects: AI Agent, PLG Token Listing, Yield Stable Coin Support, XRPL &amp; Solana Chain Integration, Multi-Chain Wallet, Redesigned Web App, Trader Network Expansion, PayFai Infrastructure Expansion.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-48304 \" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-roadmap-1024x573.jpeg\" alt=\"\" width=\"748\" height=\"418\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-roadmap-1024x573.jpeg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-roadmap-300x168.jpeg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-roadmap-768x430.jpeg 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-roadmap-1536x860.jpeg 1536w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-roadmap-2048x1146.jpeg 2048w\" sizes=\"auto, (max-width: 748px) 100vw, 748px\" \/><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"What_is_the_VELO_Token\"><\/span><span data-contrast=\"auto\">What is the VELO Token?<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">VELO is the native utility token of Velodrome Finance, operating on the Optimism network. It plays a vital role in liquidity mining, governance, and incentive mechanisms within the DeFi ecosystem.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ul>\n<li><span data-contrast=\"auto\">Liquidity Mining: Users earn VELO rewards by providing liquidity to pools.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Governance: VELO holders can lock tokens to obtain veVELO governance NFTs, enabling participation in key protocol decisions.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Incentives &amp; Ecosystem Support: VELO tokens are used to boost pool efficiency and fund grants for developers and partners.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Token_Details\"><\/span><span data-contrast=\"auto\">Token Details<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><span data-contrast=\"auto\">Network: Optimism (Layer 2 Ethereum solution)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\"><a href=\"https:\/\/coinmarketcap.com\/currencies\/velodrome-finance\/\"><strong>Total Supply<\/strong><\/a>: 2.17 billion (may be inflationary)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\"><strong>Circulating Supply<\/strong>: Approx. 915 million (variable)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Uses: Liquidity rewards, governance voting, protocol incentives<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Token_Distribution_Total_Supply_400M_VELO\"><\/span><span data-contrast=\"auto\">Token Distribution (Total Supply: 400M VELO)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><span data-contrast=\"auto\">Community \u2013 240M (60%)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">$WEVE holders: 108M (27%)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Optimism users: 72M (18%)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Cross-chain DeFi users (Curve, Convex, Treasure DAO, Platypus, Redacted Cartel, Eminence Finance): 60M (15%)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Partner Protocols \u2013 96M (24%) distributed via grants and partnerships to 10\u201315 strategic protocols<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Velodrome Foundation \u2013 40M (10%) fully locked as veVELO, earning 3% of emissions<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Optimism \u2013 20M (5%) locked as veVELO, given for ecosystem support<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Genesis Liquidity Pools \u2013 4M (1%) initially allocated to VELO\u2013USDC pool at launch<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-48305 \" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-token-dagilimi.png\" alt=\"\" width=\"789\" height=\"357\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-token-dagilimi.png 906w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-token-dagilimi-300x136.png 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/08\/velo-token-dagilimi-768x348.png 768w\" sizes=\"auto, (max-width: 789px) 100vw, 789px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ecosystem\"><\/span><span data-contrast=\"auto\">Ecosystem<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><span data-contrast=\"auto\">Next-gen AMM combining Curve, Convex, and Uniswap strengths<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Focused on Optimism network as primary liquidity hub<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Incentives for liquidity providers (LPs) with VELO rewards<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Community-driven governance via veVELO NFTs<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Capital-efficient liquidity distribution to foster ecosystem growth<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Official_Links\"><\/span><span data-ccp-props=\"{}\">Official Links<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong><a href=\"https:\/\/velodrome.finance\/\">Website<\/a>\u00a0<\/strong><\/li>\n<li><a href=\"https:\/\/x.com\/VelodromeFi\"><strong>Twitter<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/medium.com\/@VelodromeFi\"><span data-contrast=\"auto\">Medium<\/span><\/a><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><a href=\"https:\/\/discord.gg\/velodrome\"><span data-contrast=\"auto\">Discord<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/a><\/li>\n<\/ul>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/strong><\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for\u00a0<\/em><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Velodrome Finance is a decentralized Automated Market Maker (AMM) protocol operating on the Optimism network. Inspired by Andre Cronje\u2019s Solidly model, it offers fast and low-cost transactions.\u00a0 The platform serves as the liquidity hub within the Optimism ecosystem, providing liquidity providers with flexible trading and high efficiency. By locking VELO tokens, users receive veVELO NFTs,<\/p>\n","protected":false},"author":36,"featured_media":48306,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,5],"tags":[139,10972,93,22173,20691,22172,1001,18370,22171,22174],"class_list":["post-47697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-defi-projects","category-project-review","tag-amm","tag-decentralized-exchange","tag-defi","tag-layer-2-ethereum","tag-liquidity-mining","tag-nft-governance","tag-optimism","tag-velo-token","tag-velodrome","tag-vevelo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Velodrome Finance (VELO)? 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