The on-chain DEX project Velodrome on Optimism will distribute 4 million OP tokens to the community

2022-11-19 15:42:01
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ChainCatcher news, the DEX project Velodrome on the Optimism chain tweeted that it will distribute 4 million OP tokens to the community in the next six months to accelerate the development of the entire Optimism ecosystem.

It is reported that this incentive program is named Tour de OP and is expected to launch on November 24, aiming to incentivize liquidity and users who lock veVELO. Of the tokens, 35% will be allocated to mainstream assets such as sETH/WETH, 20% will be allocated to projects that are already live, and 10% will be allocated to newly launched projects. The remaining OP tokens will be used to incentivize users who lock VELO for veVELO and users who vote using veVELO. (source link)

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