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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 ParaSwap?

ParaSwap integrates various decentralized exchanges into a single platform, often providing rates that exceed typical market values. By dispersing orders across multiple exchanges, ParaSwap guarantees that each transaction is optimized for efficiency and security. Whenever possible, we leverage GasToken.io (GST2) to minimize network fees for users, ensuring a cost-effective experience. The service is completely free, with no transaction fees charged to users. They can choose their desired token pair for swapping, such as converting 1 ETH into 200 DAI, with ParaSwap promising the best rates and liquidity from all participating exchanges. Once a swap is confirmed, the execution happens seamlessly across the chosen exchanges, ensuring a smooth transaction process. Additionally, ParaSwapPool serves as a privately owned liquidity source from our partners, which enhances the liquidity and pricing options available for users. If you are interested in becoming a liquidity provider for ParaSwapPool, we encourage you to get in touch for further details. Joining us not only bolsters the ecosystem but also fosters a more enriching trading experience for everyone involved in the platform. This collaborative effort can drive innovation and improve overall user satisfaction in the decentralized finance space.

Media

Media

Integrations Supported

Base App
MetaMask
Base

Integrations Supported

Base App
MetaMask
Bridge Wallet
Cryptio
DackieSwap
DeBank
Enzyme
Ethereum
Kyber Network
Ledger
Mesh
OctoFi
Pennysia
Swoop Exchange
Trezor
WalletConnect
XDEFI Wallet
ZenLedger
pTokens

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS
iPhone
Windows

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

ParaSwap

Date Founded

2019

Company Location

France

Company Website

paraswap.io/#/

Categories and Features

Categories and Features

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