Velodrome Finance protocol
Overview
Velodrome Finance operates as a decentralised exchange on the Optimism blockchain, employing a vote-escrowed token mechanism known as ve(3,3). Participants lock VELO tokens in exchange for veVELO, which confers voting power over the allocation of liquidity mining incentives to specific pools. The platform serves as a market for liquidity, designed to harmonise the interests of liquidity providers and voters.
Within The Counterparty graph, Velodrome Finance connects to 10 tracked entities, most strongly to Optimism, Aerodrome Finance, Solidly.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 10 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Optimism | 95% |
forked_from | Aerodrome Finance | 95% |
forked_from | Solidly | 95% |
supports_token | veVELO | 95% |
redirects_emissions_via | Hidden Hand | 90% |
governs | Velo | 90% |
founded | Andre Cronje | 85% |
forked_from | Thena | 85% |
launched | Velodrome Launch | 85% |
forked_from | Equilibre | 70% |
Questions on the record
Which chain is Velodrome on?
Velodrome is on Optimism, where it functions as the trading and liquidity marketplace for that ecosystem.
What is SlipStream?
SlipStream is Velodrome's concentrated liquidity DEX product deployed on Optimism.