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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 Curve Finance?

The Curve DAO enhances the role of liquidity providers by granting them the authority to decide on the establishment of new pools, adjustments to pool parameters, and the implementation of CRV incentives, among other aspects within the Curve ecosystem. To truly understand Curve, visualize it as a decentralized exchange specifically designed to streamline stablecoin transactions—like swapping DAI for USDC—while ensuring low fees and minimal slippage. In contrast to conventional exchanges that match buyers with sellers, Curve employs a distinct framework that operates through liquidity pools similar to those used in Uniswap. For this model to thrive, Curve depends on contributions from liquidity providers, who receive rewards as an incentive for supplying their tokens. It is also essential to highlight that Curve maintains a non-custodial approach, meaning that developers cannot access the tokens owned by users, which significantly bolsters security and user control within the protocol. This operational framework not only cultivates a decentralized atmosphere but also promotes lively community participation in the governance processes of the platform, ultimately leading to a more robust and engaged user base. As a result, Curve exemplifies how decentralized finance can empower individuals and reshape the landscape of digital asset exchanges.

Media

Media

Integrations Supported

MetaMask
0x
1inch Wallet
Authereum
Blocknative
Convex
Dune Dashboard
Enzyme
Exponential DeFi
Lattice1
Portis
Token Terminal
Torus
WalletLink
mStable

Integrations Supported

MetaMask
0x
1inch Wallet
Authereum
Blocknative
Convex
Dune Dashboard
Enzyme
Exponential DeFi
Lattice1
Portis
Token Terminal
Torus
WalletLink
mStable

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Velodrome Finance

Company Website

velodrome.finance

Company Facts

Organization Name

Curve Finance

Date Founded

2020

Company Website

www.curve.fi/

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