🚀 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. 🔥 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