EXCAVO

Velas - VLX

Long
BITTREX:VLXUSDT   None
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.

Best regards,
EXCAVO

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