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What is Velodrome Finance?

Velodrome Finance stands out as a cutting-edge automated market maker (AMM) by combining elements from Curve, Convex, and Uniswap to serve as the leading liquidity hub for the Optimism network. Participants have the opportunity to utilize Velodrome NFTs, which allow them to affect token distribution while also earning rewards and sharing in the platform's accumulated fees. Traders enjoy reduced slippage and benefit from some of the most favorable fees available to those who lock their VELO tokens. Moreover, token holders can engage in governance by casting votes on which liquidity pools should benefit from VELO emissions, thus gaining access to all related incentives and fees for the selected pools. By converting their VELO tokens into veVELO through a locking mechanism, holders can increase their influence and attract more emissions to their preferred liquidity pools, promoting greater liquidity in a cost-effective manner. In addition, users have the option to deposit their trading tokens on Velodrome and earn VELO emissions, incentivizing ongoing engagement with the platform. This distinctive framework not only fosters active involvement but also cultivates a vibrant ecosystem that prioritizes liquidity and community collaboration, ultimately enhancing the overall user experience.

What is BEX?

BEX operates as the decentralized trading platform within the Berachain network, enabling users to trade various cryptocurrency pairs without intermediary involvement. Acting as an automated market maker, BEX supports token exchanges, liquidity contributions, and the creation of new liquidity pools. Liquidity providers can earn BGT rewards by adding resources to either existing or newly established pools. This exchange is intricately integrated into the Berachain ecosystem, leveraging a Proof-of-Liquidity consensus mechanism to align network incentives and encourage collaboration among validators and multiple projects. This integration significantly improves the trading experience while strengthening the overall network, leading to a more resilient and interconnected digital economy. As a result, users benefit from enhanced trading efficiency and increased opportunities for growth within the ecosystem.

Media

Media

Integrations Supported

Base App
MetaMask
Base

Integrations Supported

Base App
MetaMask
Berachain
Binance Web3 Wallet
Bitget Wallet
OKX Wallet
Phantom
Rainbow Wallet
Rule
Trust Wallet
WalletConnect

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Velodrome Finance

Company Website

velodrome.finance

Company Facts

Organization Name

Berachain

Company Website

bartio.bex.berachain.com

Categories and Features

Categories and Features

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