VELOCORE V2
V1 DocszkSyncEraLineaTelos
  • Introduction
  • Our Philosophy
    • Vision
    • Gas Optimization
    • General Bedrock for All Kinds of AMM
    • Epoch-less Predictability
    • Free Flowing Easy Vote System
  • DEX Innovation
    • Token Vault
      • Flashloan
    • Gas Saving Matters : Benchmark
    • AMM Flexibility
    • Multi In/Out Swap
    • Batch Swap
    • Adjustable Trading Fee Mechanics
    • Accumulating Swap Fees in LP Tokens
  • ve(3,3) Innovation
    • Removing 'Epoch' Systems
      • Bribe Optimization
    • Fungible Votes ($veVC)
      • No Decay & Easy Liquidation
    • Decentralized Gauge Deployment
    • Rebase Elimination
  • Security & Contract Address
    • zkSyncEra Contracts
    • Linea Contracts
    • Telos Contracts
    • V1 zkSyncEra (deprecated)
    • Three Rounds of Audits
  • Technical Docs
    • Concepts
    • Architecture Overview
      • Source Files Overview
    • How to interact with VELOCORE
      • Uniswap compatible interface
    • How to Read Data
    • Example Codes
      • Swap
      • Add liquidity
      • Stake
      • Voting
      • Multicall operations
      • cf) wrapper functions
    • Typescript Examples for Integration
    • Pool Specifics
      • Generalized CPMM
      • Wombat Stableswap
    • Events & Chart Integration
      • Getting a pair list
      • Interpreting Swap / LP events
    • Flashloan
  • zkSync Era
    • Migration Plan
      • $VC 1:1 Exchange
      • veNFT -> $veVC
      • One-Step LP Migration
      • Migration Schedule
      • Emission Migration
    • V2 Tokenomics
      • $VC Gauge
      • Bribe Mechanics
      • $veVC VOTING
    • Paymaster as a Service
  • Linea
    • Launch Details
      • Getting Ready
      • Bridging
      • V2 Launch Event
      • $LVC Presale
    • $LVC Tokenomics
      • $LVC Gauge
      • Bribe Mechanics
      • $veLVC VOTING
  • Telos
    • Launch Details
      • Getting Ready
      • Bridging
      • Launch Event
    • $TVC Tokenomics
      • $TVC Gauge
      • Bribe Mechanics
      • $veTVC VOTING
  • Free Loot Box for Future Airdrops
  • PASSPORT - F'air drops
  • Legal Disclaimer
  • Velocore Brand Assets
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  1. Our Philosophy

Vision

Decentralized exchanges are one of the most critical Lego blocks of DeFi and the primary source of real yield. At Velocore, we aim to become the top DEX for major new chains and the standard for efficient DEXs.

Our belief is that a leading DEX should fulfill the following criteria:

  1. Make it possible to trade major tokens with minimal slippage. This, in turn, would increase the size of the liquidity pool itself while at the same time increasing the exchange efficiency of the liquidity that exists.

  2. Host and attract a wide variety of tokens so that all transactions can be done within a single platform as much as possible. Velocore aims to become the home of a broad array of tokens.

  3. Essential optimization of gas costs for the users. Given that over 95% of transactions are of smaller sizes, the real exchange rate is significantly impacted by gas costs, particularly on chains based on Ethereum.

  4. The incentive system should be easy to understand and predictable. Minimizing user confusion and eliminating inconvenience will help find the optimal sweet spot and accelerate the momentum of the flywheel.

In order to achieve this, Velocore ensures a clear and predictable voting and reward system. However, it's carefully designed to not be so recurrent per epoch or per NFT as to consume unnecessary gas and time.

The AMM itself has also dramatically reduced gas usage while creating an environment where swaps can be made with very low slippage using a variety of pools, including Stableswap, NFT sudo-swap, up to 8 tokens pool, and nested interest-bearing pools.

Velocore prides itself on being the most efficient DEX currently available, and we have strived to establish the benchmark for exceptional decentralized exchanges in the coming future.

Last updated 1 year ago

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