veVELO token
Overview
The vote-escrowed token of Velodrome, a decentralised exchange on Optimism, is called veVELO. It is acquired by locking VELO tokens and cannot be transferred. Those who hold veVELO can vote on liquidity pool reward allocations and receive protocol fees and bribes.
Within The Counterparty graph, veVELO connects to 1 tracked entity, most strongly to Velodrome Finance.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Velodrome Finance | 95% |
Frequently asked questions
What is veVELO?
veVELO is a ve-token tracked in The Counterparty knowledge graph. It is connected to 1 other tracked entity, most strongly to Velodrome Finance.
What type of entity is veVELO?
veVELO is classified as a ve-token (token) in The Counterparty knowledge graph.
What is veVELO connected to?
In The Counterparty knowledge graph, veVELO is linked to 1 other tracked entity, most strongly to Velodrome Finance.