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Velvet Capital Launches Intent Operating System on Ethereum Mainnet

Velvet Capital Launches Intent Operating System on Ethereum Mainnet

Velvet Capital has introduced its Intent Operating System on Ethereum Mainnet, streamlining on-chain portfolio management and social trading.

Image of Sahil ThakurSahil ThakurNews

Nov 30, 2024

Written By Sahil Thakur

Author: Sahil Thakur

Written On: Sat, 30 Nov 2024 05:33:02 GMT

Velvet Capital has introduced its Intent Operating System on Ethereum Mainnet, streamlining on-chain portfolio management and social trading. The platform combines advanced trade execution with a social layer, making DeFi management more accessible and efficient for users.

  • Smart Execution Engine: Ensures seamless token trading without front-running risks.
  • DeFi Protocol Integration: Provides one-click access to top decentralized finance protocols.
  • Social Trading: Allows users to explore and join others’ portfolios.

Primary Use Cases:

  1. Personal Portfolio Management: Users can create personal vaults, trade tokens seamlessly, and leverage DeFi protocols for yield optimization.
  2. Public Portfolios: Enables community-driven vaults with options for open or restricted participation and uniform execution prices.
  3. Custom App Development: Offers ready-to-deploy branded apps, saving significant development time and cost.

Why Ethereum Mainnet?

According to them, Velvet Capital chose Ethereum Mainnet for its dominance in DeFi, holding over $67 billion in Total Value Locked (TVL), approximately 56% of the sector. The network’s decentralization and security, backed by a robust Proof of Stake system, further solidify its position as the leading blockchain for decentralized finance.

Incentives for Users:

Velvet Capital rewards users on Ethereum Mainnet with $pVLV tokens through several actions:

  • TVL Rewards: 1 $pVLV for every $50 held in portfolios daily.
  • Referrals: 0.5 $pVLV for every 1 $pVLV earned by referred users.
  • Trade Volume: 1 $pVLV for every $100 traded.
  • TVM Rewards: 0.5 $pVLV for every $50 in TVL within user portfolios.

For a limited time, liquidity mining participants receive a 3x boost in daily $pVLV rewards.

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In this article

Primary Use Cases:

Why Ethereum Mainnet?

Incentives for Users:

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