Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: BlockBuilders on December 02, 2020, 11:33:00 AM



Title: VeloToken the DeFi Experiment that can only go up (seriously)
Post by: BlockBuilders on December 02, 2020, 11:33:00 AM
Currently there is an interesting experiment going on. We have now the first cryptocurrency that is automatically adjusting its velocity every 12 hours. Meaning the price of the cryptocurrency will go up automatically with every rebase every 12 hours. Would be exciting to see if it leads to a big FOMO run.

All the tokens are fairly distributed through farming. There was no premine and all the contracts are verified. More information here: https://github.com/velo-finance/velo-protocol
I am not sure how it will end but it's pretty interesting to watch.
Homepage: https://velotoken.fi/