Velocimeter IconApp's chainETH

Velocimeter

Validated
DeFi
Yield Farming
FVM$0.02844-6.03% 
ve33 DEX offering options tokens as a service.
  • 1594 Followers
  • 974 Likes
Validated
Validated
Open
  • User Score 4.61
  • Validation Score 3.9
  • Trust ScoreMedium
  • General No. 53
  • DeFiNo. 21
  • EthereumNo. 5
  • Token
Velocimeter
Velocimeter Review
Velocimeter Login

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

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Velocimeter Review Score by Real Users

4.61Out of 589 Total
  • 65
  • 18
  • 3
  • 1
  • 2
89 Total
verygood app
19 Feb 2024

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 gaRead More ››

nisan692000 avatarnisan69200069209.97
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Great service
19 Jan 2024

Best market out there, fast reliable, cheap, Fantom is hard to beat, but you can never have enough options.Read More ››

Kandoblu3 avatarKandoblu325.00
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ve33 DEX
13 Dec 2023

Thanks to the Youtube video. I find Velocimeter, a good ve33 DEX. The ve33 token model is really great. The farm token is not useless anymore. I have the reason to hold the token and earn reward.Read More ››

tb9124 avatartb9124473730.60
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Velocimeter project
04 Dec 2023

Velocimeter is a DeFi platform that uses options tokens as liquidity provider rewards. It integrates with its decentralized exchange and offers services for incentivized voting, liquidity mining, airdrops, and fair launches.Read More ››

greencat avatargreencat214202.25
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nice nice
19 Nov 2023

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 gaRead More ››

paulcao avatarpaulcao10075.00
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goooood
12 Nov 2023

Использование Velocimeter жетонов опционов в качестве вознаграждений и услуг LP — это уникальный и инновационный подход в пространстве DeFi. Я ценю гибкость, которую он предлагает: от поощрений за голосование до вознаграждений за добычу ликвидности.Read More ››

scherb777 avatarscherb77745085.00
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Review
10 Nov 2023

An intriguing project among the DEFI sectors that I have been using lately. Like other similar projects, liquidity can be provided here, but the difference is that there is also voting and bribery. Bribery is an intriguing idea that allows you to influence votes and profit from it at the same time. The idea is interesting, but it could, on the contrary, negatively affect voting.Read More ››

Biruang avatarBiruang204806.20
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Thank you for the previous YouTube video
08 Nov 2023

Thank you for the previous YouTube video, which taught me about Velocimeter, a decentralized exchange. I experienced using this Velocimeter DEX and found that its user interface is clean and concise, with relatively low transaction fees. However, the transaction speed needs to be improved, so I gave it 4 starsRead More ››

horrin avatarhorrin440056.92
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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

крутоLow
30 Sep 2023

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vitiabyl avatarvitiabyl44645.00
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Innovation is KeyHigh
19 Sep 2023

It may seem complicated at first but once you understand the mechanics it all makes sense. Huge innovation that allows all protocols to reduce selling pressure while increasing the depth of liquidity. Can't wait to see them grow on other networks as they have already on Base. Mantle could be next.Read More ››

CryptoJunkie avatarCryptoJunkie140.00
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An Innovative Community-Driven DEXHigh
18 Sep 2023

Introduction: I recently had the opportunity to engage with Velocimeter, a decentralized exchange (DEX) on Base L2 Network that stands out in the crypto landscape for its strong community focus and innovative features. The platform collaborates with Friend.tech to offer a unique and experimental concept: personalized gauges using tokenized friend.tech keys. In this review, I'll delve into my experience with Base Velocimeter, specifically in setting up my own gauge with Akita V3 / cbETH. Community-First Approach: What strikes me most about Base Velocimeter is its commitment to serving the community. Many DEXs claim to prioritize user engagement, but Base Velocimeter makes it a reality by empowering users to create their own gauges. This not only adds an element of customization but also engages the community in a way that makes everyone feel like they are literally valued. Integration with Friend.tech: The collaboration with Friend.tech is a game-changer. By allowing the use of tokenized friend.tech keys to incentivize gauges, Base Velocimeter adds a layer of innovation that sets it apart from other DEXs. This feature shows a willingness to explore uncharted territories and take risks, which is something the crypto community deeply appreciates. Efficiency and Speed: The speed at which Base Velocimeter operates is genuinely remarkable. From the moment I expressed interest in creating my own Akita V3 / cbETH gauge, the team was quick to assist me. The entire process was seamless and executed in a timely manner, leaving me highly impressed. Transparency: Throughout the process, the team maintained high levels of transparency, keeping me informed about each step. This openness builds trust and shows that the platform values its users. Areas for Improvement: While my overall experience with Base Velocimeter has been extremely positive, there is one area that could use some fine-tuning: the analytics page. As someone who likes to keep track of my investments and trading activities in real-time, having an intuitive and detailed analytics page is crucial. The current analytics page, although functional, could benefit from additional features such as real-time tracking, graphical representations, and more in-depth data analysis tools. By enhancing the analytics page, Base Velocimeter could offer users a more complete and satisfying experience, making it easier to make informed decisions. Conclusion: Velocimeter has successfully carved out a unique space in the crowded DEX market through its strong community focus and willingness to innovate. Its collaboration with Friend.tech and the speed and transparency with which it operates make it a platform worth keeping an eye on. I'm excited to continue being a part of this community and can't wait to see where it heads next.Read More ››

Akita avatarAkita60.00
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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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