LP VELO-USDC.e

Velodrome Finance (Velodrome) is a trading and liquidity automated market maker (AMM) operating on Optimism, where you can enjoy low slippage and low swapping fees here.

sAMM represents the amount of assets deposited in stable pools. These assets are correlated, loosely pegged, relatively stable in value, and consistently traded near parity like stablecoins. The constant-sum AMM formula is used to price these low-volatility assets in stable pools. In this way, you can enjoy lower slippage on large-volume trades. sAMM is minted upon deposit and burned when redeemed.

vAMM represents the amount of assets deposited in volatile pools. These assets are uncorrelated and the price volatility is high. The constant-product AMM formula is used to price these assets. In this case, it's likely to cause a significant price impact on large-volume trades. vAMM is minted upon deposit and burned when redeemed.

VELO is an ERC-20 utility token that can be locked up to get veVELO, an ERC-721 governance token. veVELO holders can vote on the amount of VELO emissions distributed for different liquidity pools.

By staking LP tokens, you will receive VELO token rewards distributed from liquidity mining programs and token emissions. veVELO holders will receive trading fees and bribery rewards.

You can go to Trade ⇾ Swap to swap your tokens for VELO.