Velocore emerging as a Pioneering Platform On zkSync With Ve Model(3,3)

The ve(3,3) model has emerged as a game changer in the creation of DeFi initiatives. Nevertheless, performance and security constraints hampered the model’s evolution. This resulted in the Velocore emerging as a DeFi platform based on zkSync and based on Solidly’s ve(3,3) model with considerable enhancements.

Velocore emerging as a Pioneering Platform On zkSync With Ve Model(3,3)

The ve(3,3) model has emerged as a game changer in the creation of DeFi initiatives. Nevertheless, performance and security constraints hampered the model’s evolution. This resulted in the creation of Velocore, a DeFi platform based on zkSync and based on Solidly’s ve(3,3) model with considerable enhancements.

What is Velocore?

At its core, Velocore serves as an Automated Market Maker (AMM) DEX, which facilitates seamless and trustless token swaps for users. However, what sets Velocore apart is its implementation of the ve(3,3) fork mechanism, originally pioneered by Solidly.

Velocore’s ve(3,3) Model and How It Works

Velocore’s novel ve(3,3) model incorporates two characteristic features aimed at bolstering voting rights and rewards. This model introduces a unique blend of asset locking, incentivized behaviors, and attractive token rewards.

Innovative Features

One of Velocore’s standout features is the innovative Protocol Owned Liquidity (POL) mechanism. POL allows Velocore to optimize profits from liquidity and enhance capital efficiency within its ecosystem.

Velocore V2: The offerings

Velocore V2 has announced its mission to transform into an open liquidity platform accessible to all liquidity provider (LP) participants. The platform becomes a vibrant space where real-time interactions drive liquidity dynamics.

AMM DEX

Velocore allows you to trade 17 different kinds of tokens with little slippage.

Liquidity Pools

Velocore distinguishes between two primary types of liquidity pools to cater to different asset types and risk preferences: Stable Pool and Volatile Pool.

Governance

To participate in project administration, one must hold veNFT tokens, which are obtained through a VC token lock. The tokens will be on private sale today and will be sold publicly tomarrow.

Launchpad

Velocore projects are supported by Launchpad, with the first project being Reactorfusion.

Roadmap

The roadmap includes an array of groundbreaking products and features designed to enhance user experience, foster community engagement, and incentivize token holders. Key milestones include implementing an AMM engine, introduction of veVC token, UI revamp, Overflow Launchpad, Token Airdrop for early LP users, introduction of Memecoin – VCGS, and Account Abstraction Wallet.

Conclusion

Velocore has proudly positioned itself as the first v(3,3) decentralized exchange (DEX) project built on zkSync, a cutting-edge layer-2 scaling solution. What sets Velocore apart from its counterparts is not only its innovative technology but also its distinct approach to funding.