New staking program now live on Evry!

Velo Protocol
Velo Labs
Published in
2 min readMar 22, 2022

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We’re excited to announce a new staking program, and it’s live right now with our partner Evry! We’re opening up our 300M VELO staking program to the public for a limited time between now and the end of March. This program is open to both institutional investors and general Velo holders and delivers a 40% APY over 6 months. To participate in the program, please visit our partner, Evry.finance at the URL shown in the details below:

Stake VELO for VELO

An exclusive opportunity for VELO holders to partake in a high-yield APY program.

Pool Cap:

300M VELO

Reward Pool:

~59M VELO

APY:

40%

Lock up period:

6 months

Sign-up period:

Now until Mar 31

Visit https://evry.finance/farms/earn/other to get started!

USDV staking program

For the eagle-eyed out there, you may also notice an additional Velo staking program currently active when visiting Evry.finance. This program is to stake USDV in order to earn VELO.

USDV Staking on EVRY

This staking program utilizes USDV — one of the many digital assets available on the new Velo FCX trading platform.

Currently, this program is only available to selected institutional traders who are actively providing feedback and helping us refine the Velo FCX platform during our Beta phase.

As always, keep your eyes peeled on our social media channels, for both the Velo FCX platform launch and when similar, exciting staking opportunities such as this become available in the future. The Velo team will be sure to announce them as soon as they are available.

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Velo Protocol
Velo Labs

A blockchain financial protocol enabling digital credit issuance and borderless asset transfers for businesses using a smart contract system