The Velod research analysis was not written by me. I researched this project when it first came out, made several times my investment, and then it plummeted. This time, Binance's listing is a task for students to practice. Overall, there are no issues, and after making some modifications, I'm sharing it with everyone, hoping it helps with your investments.
Velodrome Main Chain: Op (op is a layer 2 based on Ethereum) https://velodrome.finance/
Introduction: A decentralized exchange (DEX) running on Optimism, designed based on the innovative ve(3,3) model, optimizing the interests of liquidity providers and token holders through incentive mechanisms and governance models.
Advantages:
Compared to other DEXs, the ve(3,3) model combines liquidity incentives and governance mechanisms to create a mutually beneficial ecosystem for liquidity providers, token holders, and protocol users.
ve(3,3):
Incentive Distribution
veVELO holders can vote to decide which liquidity pools receive more incentives (such as VELO rewards).
Voting results directly affect the distribution ratio of incentives, ensuring resources flow to where they are most needed.
Governance and earnings are linked
veVELO holders can not only participate in governance but also earn dividends from the protocol's transaction fees.
The longer the holding period, the higher the dividends and voting weight, incentivizing users to participate long-term.
Liquidity Provision
Users inject assets into the liquidity pool, earning transaction fees and protocol rewards (VELO tokens).
The distribution of VELO is adjusted according to the results of veVELO voting, ensuring rational resource use.
Market Capitalization:
Circulating Market Capitalization: 278 million u
ATH: 360 million u
Maximum Circulating Supply: 1.932 billion VELDROME
Circulating Supply: 874 million VELDROME
Number of Exchanges Listed: 5
First Listed on Exchange: 2022-11-29
Historical Lowest Price: 0.0177u
Historical Highest Price: 0.413u
Institution and Team: op team, funded by op
