Weekly Update (8/12)
Weekly Update (8/12)
Launch of Velvet Capital on Base where you can trade any token, interact with top DeFi Protocols, and find portfolios managed by others through the marketplace!
This has been an eventful week for Velvet Capital with the release of our Base App! On the app, users can now trade any altcoin through our intent-based smart execution module, get in and out of top DeFi Protocols, and join others' portfolios through our marketplace.
Check out the Base App: https://dapp.velvet.capital/
At Velvet Capital we are focused on making an intent Operating System that streamlines on-chain portfolio management and social trading.
Tech Updates
Optimized the asset select modal in vault personal vault optimized for more ease in accessing information
Redesigned Vault List on the mobile explore page
Added option in Base App to go to the Arbitrum and BNB Chain Beta Apps
Upgraded the backend TVL data load times
Fixed issues with Personal Vault and Withdrawal failed transaction issues
Deposit and withdrawal finished for the next release (THENA + Venus) on the smart contract side
Community Updates
The public release of the Base App was on August 8, and the launch post has received 82k impressions so far, as well as interactions from some of the biggest players in the Base Ecosystem! Check out the post by clicking the image below
Completed Week 3 of the Base Trading Competition: All vaults with 100 USDC in deposits are eligible to win three prizes each week
On-boarded community members, Traders, and KOLs to the Base App
Held the 7th Weekly Poker Tournament
Start Trading on the Base App today!
When you start trading on Base, you can start competing in our trading competition where 3 vaults each week with over 100 USDC in deposits can earn USDC and point rewards based on returns!
1st Place: 100 USDC + 300 Points
2nd Place: 200 Points
3rd Place: 100 Points
Points will also now be rewarded based on trading volume (on top of the normal TVL, TVR, and TVM points) where for every $100 in trading volume, you will earn 2 Points. So the more you actively trade the more points you will earn!