Weekly Update (8/26)

This week the we added multiple DeFi Protocols to the Base App (Aerodrome, Uniswap, Beefy, and others), added an airdrop points page, joined the Base Onchain Summer, and launched an X Community!

Another exciting week for the Velvet Capital team working on optimizing 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/

Tech Updates

• Added the AAVE, Aerodrame, Beefy, Compound, and Uniswap pools to the Base App for users to trade 

• Made APY visible on the app for all tradeable DeFi yield assets 

• Added the airdrop page for users on the app where users can see points broken down into categories (TVL, TVR, TVM) 

• Repay module for borrow and flash loan finished on the contract side for the upcoming version

Community Updates

• Public Release post of Base App has received over 100k impressions on X!

• Published partnership post for Enso Finance 

• Joined Base Onchain Summer

• Continued on-boarding of community members, Traders, and KOLs to the Base App 

• Held the 9th Weekly Poker Tournament

• Launched our DeFi Renaissance X Community: Join to learn and share alpha with fellow DeFi investors and traders!

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