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Velodrome Finance

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Crypto trading platform offering low-fee token trading and liquidity solutions.

Overview

Velodrome Finance is a cryptocurrency trading platform that operates as an automated market maker (AMM) and central liquidity hub specifically for the Optimism network. The platform aims to mitigate issues related to high transaction fees and slippage in token trading by offering low-fee trading options and reduced slippage. It caters to a wide range of traders, from novices to experienced users, and includes features such as Velodrome NFTs, VELO lockers, and VELO emissions. The platform allocates 100% of protocol incentives and fees to participants who hold Velodrome NFTs, thereby encouraging user involvement. Velodrome Finance contributes to improving the accessibility and liquidity of the cryptocurrency market, allowing users to execute various trading strategies and manage their portfolios.

Key facts

Founded
2022
Sector
Crypto

Business model

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Members only

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About Velodrome Finance

What does Velodrome Finance do?

Velodrome Finance is a cryptocurrency trading platform that operates as an automated market maker (AMM) and central liquidity hub specifically for the Optimism network.

Where is Velodrome Finance headquartered?

Velodrome Finance is headquartered in Forrest City, United States.

When was Velodrome Finance founded?

Velodrome Finance was founded in 2022.

Which sector is Velodrome Finance in?

Velodrome Finance operates in Crypto, part of Financial Technology.

Who are Velodrome Finance's competitors?

Companies similar to Velodrome Finance include Thetanuts Finance, Hedgehog, and Hedgey.