1M $VELVET Rewarded To Velvet Users. Another 1M On The Way… Don’t Miss Out
1M $VELVET Claimed. Another 1M On The Way… Don’t Miss Out
What Are Velvet Gems
For those of you who might be new here, Velvet Gems is the loyalty layer that turns your onchain activity into monthly $VELVET. Every core action on Velvet—staking, trading, inviting friends, and portfolio TVL earns you Gems. Claim them daily inside the app to lock them in; miss a day and those Gems are gone.
At the end of each epoch, your Gem stack converts pro-rata into a $VELVET drop - this is also how new $VELVET enters the community over time.
The total reward pool will be 40,000,000, with 1,000,000 already here and another 1,000,000 on the way!
Epoch 1 Recap (July 10 → August 10)
We launched Gems to reward real usage across Velvet. Over the first 30-day epoch, users mined Gems through app activity and, on August 10, received 1,000,000 $VELVET (worth about $76,000 at the time of claim) pro-rata to the Gems mined.
Show up daily, use the app, claim consistently: that’s how your Gem stack translated into a bigger slice of the drop.
How distribution worked: Your share of the 1,000,000 $VELVET was based on your Gems relative to total Gems mined during the window.
Claim your Gems Epoch 1 $VELVET here by connecting on BNB Chain
Announcing Epoch 2 (August 10 → September 10)
We’re running it back. Another 1,000,000 $VELVET will be distributed on September 10, 2025, based on activity from August 10 → September 10.
Formula:
Your $VELVET = (Your Gems ÷ Total Gems) × 1,000,000
This program is also how new $VELVET enters circulation for participants.
How to Earn Gems (What Actually Moves the Needle)
Stake $VELVET → veVELVET
Lock $VELVET to mint veVELVET.
Why it matters: Stake size and lock length boost Gem accrual - longer, larger locks signal commitment and earn more.
Trade on Velvet
Swap tokens or open/manage DeFi positions in the app.
Why it matters: Trading volume is a core driver. Higher, consistent volume → more Gems.
Invite Your Friends
Share your referral link.
Why it matters: You earn Gems from referred users’ activity plus a 50% fee share - bringing active traders compounds your haul.
Create or Deposit into Portfolios
Launch a portfolio or add TVL to public ones.
Why it matters: TVL × time steadily mines Gems throughout the epoch.
Daily Claim Required: Open the Velvet app and claim your Gems every day.
Unclaimed daily Gems expire and will not count toward your September 10 distribution.
Key Dates
Activity window: August 10, 2025 → September 10, 2025
Distribution: September 10, 2025 - 1,000,000 $VELVET to Gem holders, pro-rata
Ready to Mine?
[Stake] • [Trade] • [Invite] • [Create/Deposit]
Open Velvet daily. Claim your Gems. Secure your $VELVET.
I’ll definitely give it a try.