The narrative for decentralised perpetual exchanges get stronger.
The tech for decentralised perpetual exchanges gets more bullish.
One protocol is trying to push the boundaries.
Follow this thread to find out how Vela (@vela_exchange) is pushing the boundaries: 🧵
The tech for decentralised perpetual exchanges gets more bullish.
One protocol is trying to push the boundaries.
Follow this thread to find out how Vela (@vela_exchange) is pushing the boundaries: 🧵
This is a sponsored educational post by Vela!!
In this thread we’ll be discussing the following basics as an introduction:
- What is a perp exchange?
- Why is it bullish?
- What’s so special about Vela?
- Why is it different?
- Potential bullish narratives.
- Airdrop?
In this thread we’ll be discussing the following basics as an introduction:
- What is a perp exchange?
- Why is it bullish?
- What’s so special about Vela?
- Why is it different?
- Potential bullish narratives.
- Airdrop?
1: What is a perp exchange?
If you're not familiar, these exchanges allow traders to buy and sell crypto assets indefinitely.
Unlike traditional futures exchanges, there's no fixed expiration date for contracts on a perpetual exchange. This makes them very appealing to traders.
If you're not familiar, these exchanges allow traders to buy and sell crypto assets indefinitely.
Unlike traditional futures exchanges, there's no fixed expiration date for contracts on a perpetual exchange. This makes them very appealing to traders.
Decentralized perpetual exchanges also offer some other big benefits: they're more transparent (all trades are recorded on a public blockchain).
2: Why is it bullish?
Traders are going to continue wanting to trade and every centralised exchange they’re on appear at risk of insolvency or have vanished.
This means there will be more traffic to decentralised versions where traders have an insight into
Traders are going to continue wanting to trade and every centralised exchange they’re on appear at risk of insolvency or have vanished.
This means there will be more traffic to decentralised versions where traders have an insight into
3: What is Vela?
YOU GUESSED IT! A new perp exchange.
This is an area in DeFi that has shown extreme expansion during some of the worst market turbulence.
Vela wants to take it to the next level, but how?
YOU GUESSED IT! A new perp exchange.
This is an area in DeFi that has shown extreme expansion during some of the worst market turbulence.
Vela wants to take it to the next level, but how?
Vela wants to combine the best of centralised exchanges but of-course, decentralised and on chain.
Decentralised perpetual exchanges still have a lot of room for growth and innovation and Vela want to fill it.
Decentralised perpetual exchanges still have a lot of room for growth and innovation and Vela want to fill it.
4: What’s so special about Vela?
As a staker of $VELA and $VLP, you'll be able to earn a whopping 75% of the platform's generated revenue.
That's right, Vela are all about prioritizing their users' interests and ensuring the sustainability of the platform.
As a staker of $VELA and $VLP, you'll be able to earn a whopping 75% of the platform's generated revenue.
That's right, Vela are all about prioritizing their users' interests and ensuring the sustainability of the platform.
But that's not all. You can also receive discounted trading fees according to our fee discount table.
Plus, earn VELA from each VELA buyback equivalent to 10% of the total perpetual fees and 5% of the total fees generated by the perpetual exchange.
Plus, earn VELA from each VELA buyback equivalent to 10% of the total perpetual fees and 5% of the total fees generated by the perpetual exchange.
If you're into spot trading, you can earn an extra 40% of the total fees generated by the spot exchange and VELA from each VELA buyback equivalent to 30% of the total spot fees.
Let's not forget about their OTC trading platform, where you can earn a big 30% of the fee share.
Don't forget about the ecosystem rewards, which may vary depending on the chain.
Don't forget about the ecosystem rewards, which may vary depending on the chain.
All of these rewards will be claimable every 14 days via the Vela dashboard.
As a special bonus, during the first 21 days, the contract will be front loaded with 100,000 VELA rewards.
So don't wait, try and get in early!
As a special bonus, during the first 21 days, the contract will be front loaded with 100,000 VELA rewards.
So don't wait, try and get in early!
5: Potential bullish narratives
Launching on Arbitrum with an Arbitrum airdrop soon, liquidity keeps flowing in to this L2.
Real yield narrative continues.
Decentralised perp exchanges is where traders are flocking, the best services provided will win market share.
Launching on Arbitrum with an Arbitrum airdrop soon, liquidity keeps flowing in to this L2.
Real yield narrative continues.
Decentralised perp exchanges is where traders are flocking, the best services provided will win market share.
6: Airdrop
Yes, thread coming soon.
Yes, thread coming soon.
7: Summary
Vela wants to try and improve decentralised perpetual exchanges to be better for traders.
Let’s see how this unfolds, but for now, just watch this space!
This has been your introductory thread to Vela!
Vela wants to try and improve decentralised perpetual exchanges to be better for traders.
Let’s see how this unfolds, but for now, just watch this space!
This has been your introductory thread to Vela!
To every one of you pirates that:
- like, reply, retweet, follow, or bookmark this thread.
Thank you, it’s the only reason why it’s worth me putting in the hours to create valuable content.
Here’s the link to the beginning if you haven’t done the above yet:
- like, reply, retweet, follow, or bookmark this thread.
Thank you, it’s the only reason why it’s worth me putting in the hours to create valuable content.
Here’s the link to the beginning if you haven’t done the above yet:
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