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      Velodrome Finance(VELO) New Listing on HTX

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      According to HTX's official announcement, Velodrome Finance (VELO) is soon going to be listed on the HTX crypto exchange.

      Velodrome Finance Listing Schedule

      • ELODROME deposits will open at 07:30 (UTC) on Dec 17.
      • The VELODROME spot trading (VELODROME/USDT) will open when the deposit volume meets the demand of market trading, which will be officially announced in advance.
      • VELODROME withdrawals will open at 11:00 (UTC) on Dec 18.

      About Velodrome Finance

      VELO is the ERC-20 utility token of the protocol. It's used for rewarding liquidity providers through emissions.

      Velodrome Finance, at its core, is a solution for protocols on Optimism to properly incentivize liquidity for their own use cases. Building on top of the groundwork laid out by Solidly, Velodrome team has addressed that first iteration's core issues to realize its full potential.

      VELO has migrated from old contract to a new one at a ratio of 1:1.

      Velodrome Finance Token Distribution

      • Community: 60%
      • Partner Protocol/DAOs: 24%
      • Velodrome Team: 10%
      • Optimism Team: 5%
      • Genesis Liquidity Pool: 1%

      Further Information on Velodrome Finance

      For comprehensive insights and strategies on Velodrome Finance (VELO) trading, delve into our detailed guide at Velodrome Finance Price Overview


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