Velodrome (Optimism)
VELO
VELO is the native utility and governance token for Velodrome that is used for rewarding liquidity providers through emissions.
Risk Rating
Best
$0.16
8.58%
Summary
Information
Blockchain
- Optimism
Info
- Contract address
- Discord
- Community
- Website
- Asset Type: ERC-20
Key Metrics
- Market Cap: $102.8M
- Fully Diluted Valluation: $258.8M
- FDV / MC: 2.5
- Ranking inside Exponential (excluding stables): #63
- Circulating Supply: 650,733,056
- Total Supply: 1,637,650,878
- Total Supply: 1,637,650,878
- Volume (24H): $7.5M
- ATH: $0.38 (03/28/2024)
- ATL: $0.01 (07/05/2022)
Risk Assessment
Best
Asset Strength
VELO is a low-cap asset that represents the blockchain's native currency or monetary fee used to execute transactions on the network. This asset is exposed to the underlying risks of Velodrome V2, a protocol rated as Watch out.
Asset Tokenomics
VELO has an uncapped supply. VELO is coveted asset as holders can decide which pools in Velodrome receive incentives and thus direct liquidity for specific pools. VELO stakers (veVELO) also earn all fees and bribes.
Dependencies
Velodrome V2
Things to know about VELO
VELO Pools
