Velvet Liquidity Mining Program: Earn 2x Airdrop Points

We’re thrilled to announce the launch of the Velvet Liquidity Mining Program! Our next-gen DeFi operating system just went live! We’ve hit the ground running with some of the top growth numbers in the entire BSC ecosystem – with plans to deploy Arbitrum, Optimism, & Ethereum Mainnet in the coming months – the time is now to join the Velvet Community!

The next bull market will be defined by institutional adoption and Velvet will be there to facilitate that transition. If you believe in DeFi like we do & want to take advantage of this revolutionary shift in the world of finance, continue reading below!

What is Velvet?

Backed by Binance Labs, Velvet Capital’s institutional-grade DeFi operating system offers a seamless way for anyone to create, manage, & launch on-chain funds, structured products, & tokenized portfolios! Now you can easily manage all DeFi interactions from a single platform & earn optimal yield from lending, staking, or providing liquidity- across assets & ecosystems!

Whether you’re an emerging fund manager, seasoned vet, or just a DeFi enthusiast managing crypto for your friends & family – Velvet has you covered!

Velvet Liquidity Mining Program

• Double Rewards: For the first $5 million in Total Value Locked (TVL), we’re offering double airdrop points!
• Exclusive Tiers: From Bronze to Platinum, each tier offers unique benefits.
• Future Value: Airdrop points will be more than just rewards; they’ll have future applications on the Velvet Platform.

Airdrop Point Tiers:

• Platinum: Top-10
• Gold: Top-50
• Silver: Top-100
• Bronze: All other participants

How to Earn Airdrop Points

As a first step towards creating a decentralized community-managed ecosystem, Velvet Capital will be airdropping reward points to early adopters. The points are airdropped daily, and there are three main parameters in determining the allocation:

1. Total Value Locked (TVL) — your value in Velvet Capital vaults
2. Total Value Referred (TVR) — TVL of the users came from your referral link
3. Total Value Managed (TVM) — value in the vaults created & managed by you

You can use the airdrop tracker within Velvet Capital (https://v2.velvet.capital) to monitor your progress.

The Early Advantage

This is a limited-time offer, available on a first-come, first-served basis. Once Velvet’s TVL eclipses $5 million the program will cease. Act fast to maximize your rewards!

Track Your Progress

Our platform provides regular updates on your tier status and points, keeping you informed of your achievements. Share and compete with your friends today!

Understanding the Tokenomics

Introducing Ve(3,3) Tokenomics at Velvet.Capital

Whitepaper: https://docs.velvet.capital/governance.

At Velvet Capital, we’re not just launching a new product; we’re introducing a revolutionary tokenomics model: the ve(3,3) system. This model ingeniously blends the vote-escrow mechanism with the (3, 3) staking logic, creating a powerful engine for Total Value Locked (TVL) growth. This approach, already battle-tested by a new generation of DeFi protocols, perfectly aligns the incentives of token holders, vault investors, and vault managers on our platform.

*Disclaimer: This is preliminary & subject to change. Token is not launched yet.

The Role of VLVT Tokens

VLVT is the core of our token emission process. Here’s how it functions:

• Growth Incentives: VLVT tokens are used to reward Vault managers and investors, as well as participants in the referral program.
• Staking: Users can stake VLVT to receive veVLVT, a vote-escrowed version of the token.

The Power of veVLVT

veVLVT represents a long-term commitment to our platform:

• Lock-In Mechanism: Users can lock VLVT tokens for up to 5 years, receiving veVLVT in return. The longer the lock period, the more veVLVT and voting power they obtain.
• Declining Balance: The balance of veVLVT decreases over time, reaching zero at the end of the lock-in period. Users can reset this by re-locking their tokens.
• Voting Rights: Holding veVLVT grants voting power in Velvet DAO decisions, such as new integrations. Voting also yields additional VLVT tokens as rewards, offering some protection against dilution.
• Emission Allocation Voting: veVLVT holders can influence the allocation of VLVT emissions across various vaults. Fund managers can set up “bribes” to encourage votes towards their vaults, leading to higher rewards. Token holders benefit from additional emissions based on the performance of the vaults they support and the size of the “bribes.”

A Synergistic Ecosystem

This tokenomics model creates a dynamic ecosystem where every participant, from token holders to fund managers, is incentivized to contribute to the growth and success of Velvet Capital. By aligning interests and encouraging active participation, we’re building a robust and sustainable DeFi platform.

Join the Velvet Revolution

With the ve(3,3) model, Velvet Capital is not just offering a product but inviting you to be a part of a thriving DeFi community. Your participation and support are crucial in shaping the future of decentralized finance.

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