Weekly Update (8/19)
Weekly Update (8/19)
Velvet Capital is now 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 another busy week for the Velvet Capital team working on the Base App and growing the community! 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 trade module design for a more seamless experience
Added in ability to switch between various platform versions in the menu
Optimized Token Data Speed
Added Beefy Finance handler along with their APY
User graph data points for different time frames added for both NAV and TVL of Vaults
Decreased the contract size for Thena and Venus integration
Community Updates
Continued to share the Public Release of Base App and the launch post has received 98.5k impressions so far! Check out the post and help us get to 100k impressions!
Featured on Alphanomics Substack Article on Base, Intents, and Velvet Capital
Posted Base Launch on Debank and had a $36 reward pool for those who joined
On-boarded community members, Traders, and KOLs to the Base App
Held the 8th Weekly Poker Tournament
Posted Guides on Creating a Personal Vault and a Shared Vault in our Docs
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!