Velas is the Fastest EVM/eBPF Hybrid Chain of Solana and EVM, and this way inherited the best from both: Up to 75 000 TPS, 1.2 - second finality, extremely low fees and EVM/Solidity support. And surely, if Velas is a new promising platform for DeFi applications, then of course an analog of DAI is needed in this space, given what it is for DeFi on Ethereum. It is this niche that they are striving to fill with the VeleroDAO project and USDV stablecoin — an analog of DAI from MakerDAO. It will be the most serious infrastructure project for the Velas ecosystem that is in the spirit of the open Internet Web 3.0, completely decentralized. Recently, Velas team designed a 100 mln grant program for developers and projects running on Velas.
The infrastructure of VELAS is now developing so rapidly: BitOrbit - The first decentralized social media platform on Velas chain; Velaspad - lauchpad for Velas ecosystem; Wagyuswap - DEX; Swapz - a cross-chain stablecoin swapping platform.
They have a strategic partner —Bluezilla Incubator which has shown incredible results over the past year. The incubates projects ATHs: 1290x - MetaVPad 630x - Velhalla 527x - AstroSwap 410x - KCCPad 380x - PulsePad 360x - ADAPad 329x - BSCPad 304x - WagyuSwap 276x - VELASPad 255x - TRONPad 214x - Bitorbit 212x - NFTLaunch 206x - GameZone 197x - CrossWallet 184x - Aioz 166x - ETHPad 121x - BSCStation 99x - CrossSwap 87x - BlindBoxes 38x - Swapz
I think they will give a boost to the Velas ecosystem.
@DonLeone, all his charts look special like this haha
ijoeah
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They sound interesting and clearly spent a lot of time on their website. The question is..... who is on their development team? Can't find a single thing about who is heading up the project or what their foundation is.
EXCAVO
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@ijoeah, I think Google search "Velas team" or "Velas linkdin" will help you XD