What do you think about Velotoken, new kid in town?

By Just a Girl into Crypto


I'm not sure who's behind this but I like the vibe and I would love to hear what the community at Holdex thinks about it.

VELO combines the governance protocol from Compound, the incentive mechanism from Yam and the rebasing functionalities from Ampleforth. The special feature is that the VELO token rebases its currency based on its own velocity.

I understand half of this but the projects presents itself well, in my opinion. Listing below a few links to learn more about it:

It looks like they only just started presence on social media. The white paper is on Telegram and it looks very scientific in a good way;-)

Any thoughts?



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