Velvet Liquidity Mining Season 3: Earn 3x $pVLV on Base (and more chains in the future)
Earn 3x $pVLV on the Velvet Capital Base App today through the Liquidity Mining Season 3 and climb the leaderboard this fall!
We're thrilled to announce the launch of the Velvet Liquidity Mining Season 3! Our intent OS for DeFi on Base just went live!
Velvet Capital is aiming to become the best place to streamline onchain portfolio management & social trading on Base and other blockchains in the coming weeks and months - the time to join the Velvet Community is now!
What is Velvet?
Backed by Binance Labs and other top VCs, Velvet Capital’s institutional-grade intent operating system for DeFi offers a seamless way for anyone to create, manage, & launch on-chain funds, structured products, & tokenized portfolios!
Now you can easily manage all DeFi interactions from a single platform & earn optimal yield from lending, staking, or liquidity across assets & ecosystems! In the example above, you can see what is beneath the hood when you deposit into a vault with many DeFi positions. Here’s an example of what happens under the hood when you deposit into a complex DeFi vault (there were 182 token transfers in a single click).
Whether you’re an emerging fund manager, seasoned vet, or just a DeFi enthusiast managing crypto for your friends & family - Velvet has you covered!
Velvet Liquidity Mining Program
3x Rewards: For activity on the new App (Base and future releases) for the coming months.
Exclusive Tiers: From Bronze to Platinum, each tier offers unique benefits.
Future Value: $pVLV earnings count towards $VLV airdrop
How to Earn Airdrop Points
As a first step towards creating a decentralized community-managed ecosystem, users will receive $pVLV:
Total Value Locked (TVL) — Earn $pVLV for every $ you have on Velvet
Total Value Referred (TVR) — Earn $pVLV for referring your friends
Total Value Managed (TVM) — Earn $pVLV for every $ others put in your Vault
Trading Volume - Earn $pVLV for every $ you trade
You can use the airdrop tracker within Velvet Capital (https://dapp.velvet.capital/Airdrop) to monitor your progress.
Track Your Progress
Our platform updates points every 24 hours, keeping you informed of your achievements and progress. Share and compete with others on Velvet today!
Understanding the Tokenomics
Introducing Ve(3,3) Tokenomics for $VLV
Whitepaper: https://docs.velvet.capital/governance
At Velvet Capital, we're introducing a revolutionary tokenomics model: the ve(3,3) system, along with governance rights, and trading fees discount.
This model ingeniously blends the vote-escrow mechanism with the (3, 3) staking logic, creating a powerful engine for Total Value Locked (TVL) growth. This approach, already battle-tested by a new generation of DeFi protocols, perfectly aligns the incentives of token holders, vault investors, and vault managers on our platform.
Post-TGE users will also be able to stake $VLV to participate in DAO Governance and reduce Trading Fees on the app. So to have power and influence in the future of Velvet Capital you will want to accumulate as much $pVLV as possible to convert to $VLV at TGE!
*Disclaimer: This is preliminary & subject to change. The token is not launched yet.
A Synergistic Ecosystem
This tokenomics model creates a dynamic ecosystem where every participant, from token holders to fund managers, is incentivized to contribute to the growth and success of Velvet Capital. By aligning interests and encouraging active participation, we're building a robust and sustainable DeFi platform.