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Create 3 dashboards on Velodrome with a description for each that showcase traction and success in a data-driven manner.
About velodrome :
Velodrome Finance, at its core, is a solution for protocols on Optimism to properly incentivize liquidity for their own use cases. Building on top of the groundwork laid out by Solidly, our team has addressed that first iteration's core issues to realize its full potential.
What is velodrome ?
Velodrome is an AMM (Automatic Market Maker) designed to provide deep liquidity, low swapping fees, and low slippage. As a public good, it supports the development and growth of the Optimism ecosystem.
Velodrome rewards liquidity providers and active governance participants through VELO (velodrome’s native token) and veVELO distribution. Liquidity providers (LPs) receive VELO emissions. Vote-escrow VELO (veVELO) holders vote on which liquidity pools receive VELO emissions. In return, voters receive the trading fees and bribes collected by the pairs they vote for. This structure helps incentives flow to the most valuable pairs for the ecosystem.
Who is behind this project ?
The team behind Velodrome Finance previously launched veDAO, an initiative incubated by Information Token. veDAO's founding mandate was to engage with the Solidly ecosystem, a protocol launched on the Fantom network by Andre Cronje, while driving long-term value to the veDAO community.
The veDAO team has since developed deep subject matter expertise on both Solidly, the veNFT primitive, and the ve(3,3) mechanism, becoming the go-to resource for protocols and chains seeking support around these topics.
By the numbers, veDAO, managed to attract $2.6B in TVL (total value locked) in the early days, securing ~10% of Solidly voting power and ~$1.1M USDC in treasury assets.