Is there a Token for Velocore?
In order to control its usefulness and governance, Velocore employs two tokens, $VC and $veVC. Using the ERC-20 utility token $VC, the system pays liquidity providers through emissions. The ERC-721 governance token $veVC, which is a non-fungible token, is used for governance by Velocore. Every $VC holder has the option to vote-escrow their tokens in return for a $veVC (also known as a veNFT).
There is a locking mechanism on $VC tokens. For $VC tokens, the lock period may last up to 4 years. The number of $veVC tokens received in exchange increases with the length of the lock period. The voting power and benefits for the $veVC holder increase with the length of the vesting period.
60 million dollars in VC were available initially for Velocore at launch, and 7.5% of that amount will go toward recognizing and rewarding its contributors. For more information, see Velocore’s Tokenomics.
Is there an airdrop of Velocore ($VC) tokens?
In April 2023, Velocore conducted an airdrop to mark the occasion of its zkSync debut. Those who qualified were given a POAP that permitted them to submit claims for up to 5,550 $VC. After the full introduction of the Linea Mainnet, Velocore intends to introduce Velocore V2 to the platform. The team could conduct an airdrop to commemorate the release of Velocore V2 based on the popularity of their last airdrop. The team has so far made it appear as though they would run a Galxe campaign and could have a prototype ready for the DeFi event in June 2023. There are a few things you may do to get ready in the interim.
Your wallet must be connected to the Velocore Questboard
Connect your wallet right here.
Join Discord
Join Velocore’s Discord by clicking “Claim Reward” on the quest board.
Join Twitter, follow, like, comment, and retweet to post
Be sure to like, comment on, and retweet Velocore’s posts on Twitter. Click “Claim Reward” after that.
Send out a tweet about Velocore
Post a Tweet about Velocore, then click “Claim Reward” on the questboard to get your reward.
Clap the story on Velocore’s Medium website
Click “Claim Reward” after visiting the Medium website, clapping at least one of their posts.
Invite friends to Velocore
To create your invite link, click “Invite” on the questboard. Invite as many as 1, 5, 10, 100, or 200 new people to the quest page to earn XP and more Discord roles.
What exactly is Velocore?
A unique, high-performance flywheel called Velocore was created by combining the best DEX methods. The Layer-2 protocol zkSync Era, which scales Ethereum using ZK technology, is the foundation of Velocore. The goal of Velocore is to offer customers a quick, safe, and effective means to trade assets while reducing transaction costs and slippage and supporting a variety of protocols for the zkSync era environment.
In the meantime, ConsenSys’ Linea zkEVM layer 2 protocol is starting a new path with Velocore. This new endeavor, which will be based on the future Velocore V2 system, will be separate from the existing Velocore that utilizes the zkSync Era. After the Linea Mainnet is fully launched, Velocore V2 will be officially launched on the platform.
When Velocore started in the zkSync period to resounding success, it already airdropped POAPs to fans. When Velocore V2 appears on Linea, it is thus probable that Velocore will do another airdrop!
