Weekly Update (8/5)

This week at Velvet Capital: Finished mobile optimization, continued onboarding for private launch of Base App, made an appearance on Mario Nawfal's Twitter Spaces, and more!

As we are now into August, it has been a volatile week but the Velvet Capital team is continuing to work on the Base Product and get ready for our public launch.  

At Velvet Capital we are focused on making an intent Operating System that streamlines on-chain portfolio management and social trading.

Tech Updates

• Finished optimizing the Base App for Mobile

• Speed Optimization: Faster loading of the App and Data

• Navigation Menu: Optimized icons in the menu for both desktop and mobile

• Integrated flash loans for collateral management in the new version

Community Updates

• Our Co-Founder and CEO DeFi Vas went on Mario Nawfal’s Twitter Spaces to discuss the Base Ecosystem and Velvet Capital’s upcoming launch

• Continued onboarding Traders, Community Members, and KOLs

• Discussed the state of BNB Chain DeFi with Siren Protocol, Alpaca Finance, ApeBond, and others

• Completed Week 2 of the Base Trading Competition: All vaults with 100 USDC in deposits are eligible to win three prizes each week 

• Continued On-Boarding KOLs for our Fair KOL Round via Cookie3: If you are a KOL and would like to participate contact Velvet Capital via X, Discord, or Telegram

• Held the 6th Weekly Poker Tournament with 43 Participants! 

Early access to the Base App!

As a reward for reading this week's update, we would like to give you exclusive early access to our Base App where you can trade any token you wish and use our intent-based trade execution module.

Click on this link to navigate to the recently launched app:

https://dapp.velvet.capital/

*All vaults with 100 USDC in deposits will be automatically eligible for our Base Weekly Trading Competition

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