It's Optimism airdrop season baby – this time, Velodrome Finance, an AMM inspired by Solidly Finance, is launching its protocol with an airdrop of $VELO tokens.
What is Velodrome Finance?
Velodrome Finance is an AMM (automated market maker) adapted from Solidly, but with several modifications:
- a trading fee of only 0.02%
- near-zero slippage on uncorrelated or tightly correlated digital assets
- route trades through stable and volatile asset pairs
- no-upkeep, flash loan-proof, 30-minute time-weighted average price (TWAP) with direct quoting support
It uses its native token $VELO and distributes them to liquidity providers on a weekly basis. $VELO can be staked for $veVELO to receive trading fees, rewards, and more.
How to claim VELO Airdrop
Head over to the claim page and click Claim Airdrop. If you qualify for the airdrop, you would see it on the page.
$VELO/wallet — Addresses qualified as Repeat Optimism Users
$VELO/wallet — Curve Protocol wallets with a 1450+ days (maximum)
$VELO/wallet — Convex Protocol lockers of
$vlCVXsince new lock contract deployment
$VELO/wallet — Treasure DAO Genesis Mine
$MAGICstakers for 1- and 3-month periods
$VELO/wallet — Platypus Protocol stakers with
$VELO/wallet — Redacted Cartel participants in genesis Dutch auction who didn't sell their
$VELO/wallet — Eminence Finance wallets affected with EMN, eAAVE, eLINK, eYFI, eSNX or eCRV balance