Velocimeter
ValidatedDeFi
Yield Farming
FVM$0.02844-6.03% ↓
ve33 DEX offering options tokens as a service.
- 1594 Followers1594 Followers
- 974 Likes974 Likes
About Velocimeter
Our main differentiating feature is our use of options tokens as LP rewards & now we are also able to offer these options as a service. They integrate into our DEX in several ways -Used as voting incentives (aka bribes) where veNFT holders vote to direct emissions in exchange for tokens/options tokens -Liquidity mining rewards -Airdrops/Fair launches -Exercise & zap into our staking ga
Velocimeter is a decentralized exchange (DEX) that stems from the innovative ideas of Velodrome and Solidly, aimed at enhancing liquidity provision and rewards within the DeFi ecosystem. By offering unique token emissions as incentives for liquidity providers, Velocimeter distinguishes itself from traditional DEXs. It operates across various networks while maintaining isolated token deployments on each, ensuring the performance on one network does not affect users on others. This architecture allows Velocimeter to adapt and optimize liquidity strategies independently across different blockchain environments.
Velocimeter Magic Store Validation Score
See Results ››Validation Score
3.9Validation Date: -
- landmandemareon85Yes
- WCherelle62236No
- Artem11Yes
- AzwYxomDTCRcPeYes
- adam123Yes
- SMatrikas92399Yes
- iKWsGFQnFGDiTSYes
- FriedrichYes
- Koksik1Yes
- fdYes
- ytttraYes
- DimasikYes
- gasigorYes
- kostyaYes
- igorgasYes
- lescot666Yes
- ShtagerYes
- TutorialYes
- LaMMerYes
- gfadsYes
Velocimeter Review Score by Real Users
- 65
- 18
- 3
- 1
- 2
FVM Token Price Chart (Real Time)
Token Statistics
- Market Cap$121,636.00
- Volume$955.47
- Circulating Supply4,276,998.08
- Max Supply-
- FDMC$568,155
About Fantom Velocimeter Token
The FVM token is integral to the Velocimeter ecosystem, serving multiple purposes that enhance the platform's functionality and user experience. Primarily, it acts as a governance token, allowing holders to participate in decision-making processes regarding protocol upgrades, feature implementations, and other critical aspects of the platform's development. This decentralized governance model ensures that the community has a significant say in the project's direction.
Additionally, FVM is utilized as a staking token. Users can stake their tokens to earn rewards, contributing to the network's security and stability. This staking mechanism is designed to incentivize long-term holding and active participation in the ecosystem. The rewards for staking are distributed in proportion to the amount of FVM staked and the duration of the staking period, promoting a stable and committed user base.
The token also plays a crucial role in liquidity provision. Liquidity providers who deposit assets into the Velocimeter liquidity pools receive FVM tokens as rewards. These tokens represent their share of the pool and the rewards accrued from trading fees and other incentives. This mechanism not only ensures ample liquidity for trading but also provides liquidity providers with an additional income stream.
FVM is listed on several exchanges, enabling users to trade and acquire the token easily. Some of the major exchanges where FVM is available include Uniswap, SushiSwap, and other decentralized exchanges (DEXs). By being listed on these platforms, FVM ensures accessibility and liquidity for its users, fostering a vibrant and active trading ecosystem.
Velocimeter Magic Store Trust Score
- Audit Score
- 0No. Of. Audits
- MediumScore
- Security Validators Score
- 28.09.2023Validation Date
Velocimeter User Trust Reviews
Velocimeter FAQ
Velocimeter was inspired by the concepts introduced by Velodrome and Solidly, aiming to enhance liquidity provision and rewards in the DeFi ecosystem through unique token emissions and an innovative reward system.
The veNFT system allows users to lock their reward tokens, influencing the emission ratios to various liquidity pools. This mechanism incentivizes long-term participation and strategic liquidity provision.
Velocimeter offers unique features such as token emissions as rewards, a veNFT system for strategic rewards distribution, enhanced fee mechanisms, and frequent updates for continuous improvement.
Swap fees and veNFT incentives are directed to an external contract, making fees immediately claimable after an epoch flip, which enhances the efficiency of fee distribution.
Velocimeter operates on multiple networks with isolated token deployments on each, ensuring that the performance on one network does not affect users on others, providing diverse options and flexibility.
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