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๐ Exciting times ahead in the world of DeFi! Just got a sneak peek at an upcoming yield booster on Optimistic Ethereum.
Stay tuned as this game-changing project aims to supercharge your yields. ๐ฅ Don't miss out on the future of decentralized finance!
Velodrome Finance:
Velodrome Finance is a decentralized exchange and liquidity hub built on Optimism.
It incentivizes liquidity provision through its veVELO NFT reward mechanism.

Solving Liquidity Issues of Velodrome:
Augusta Finance provides a liquidity protocol tailored for the Velodrome ecosystem.
On Augusta, veVELO holders can collateralize their NFTs to take out ETH loans, without having to sell their veVELO.

Innovative Model Benefits Velodrome Participants:
Augusta allows veVELO NFT holders to use their NFTs as collateral to take out ETH loans, without having to sell their veVELO NFTs.
Unlike simply selling veVELO NFTs, Augusta's collateralized lending allows NFT holders to gain liquidity while still receiving veVELO rewards, governance rights, etc.
500,000 $AUGU tokens are waiting to be distributed for our Top participants! Starting August 11th lasting four weeks. You must reach a minimum of 1000xp to be eligible! #Zealy
https://zealy.io/c/augustafinancedefi/invite/XFfinz1el0kLjcypPba41

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