Velodrome Experiences Boosted Growth with Incentives Flywheel

DeFi ProtocolsAugust 15, 2023, 9:05AM EDT
Velodrome Experiences Boosted Growth with Incentives Flywheel
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Velodrome Finance is an automated market maker (AMM)-based decentralized exchange (DEX) and liquidity marketplace on OP Mainnet, a layer 2 (L2) optimistic rollup (ORU) on top of Ethereum.

Velodrome recently launched its V2 iteration in June 2023, with a highlight being the introduction of a wider fee range of up to 1%, a notable increase over the 0.05% fee limit set on V1.

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