What is Velodrome? Velodrome is a decentralized exchange (DEX) on the Optimism blockchain, designed to provide efficient trading and incentivized liquidity provision. It uses a unique model where liquidity providers earn rewards through trading fees and incentives.
What is the Velodrome Token (VELO)? The VELO token is the core of Velodrome's ecosystem. It enables governance, liquidity management, and rewards. VELO holders can lock their tokens to earn veVELO, which grants voting rights and a share of platform fees, fostering community-driven growth.
