Attention DeFi enthusiasts! @Velvet_Capital has launched a retroactive Airdrop to early adopters as the first step towards building a decentralized community-managed ecosystem. A total of 50,000,000 $VLVT tokens, which represent 5% of the total supply, will be distributed through retroactive allocation and staking rewards, so don't miss out on this opportunity to be a part of the next big thing in DeFi!
The earlier you join, the more tokens you can get, so be an early bird and seize the chance to become a part of Velvet.Capital's revolutionary project.
About Velvet.Capital
Velvet.Capital is a cross-chain DeFi protocol that offers users the ability to create tokenized index funds, portfolios, and other financial products with additional yield. The platform offers a Web3 native app for direct deposit and withdrawal of the products and lists portfolio-backed tokens on exchanges. Additionally, Velvet.Capital offers an SDK/API to allow third-party platforms to use the protocol and create their own financial products.
The platform is completely chain-agnostic and is built for users seeking broad exposure to the web3 space. Velvet.Capital's first product combines modern portfolio theory with yield farming to create crypto index funds. They are also developing a portfolio constructor and an SDK for institutional clients.
Velvet.Capital is backed by top Web3 and traditional funds, including Binance Labs, and has won numerous hackathons and bounties, including EthCC, EthIndia, EthNYC, and Polygon Summer Hack. Their ambition is to become THE DeFi Platform for financial product development and bring DeFi to the next billion users.
How to join the Velvet.Capital Airdrop?Requirements to earn free crypto coins
Native blockchain
Step-by-Step Guide ''Velvet.Capital Retroactive Airdrop''
There are three main parameters in determining the $VLVT Airdrop allocation:
- User’s Total Value Locked (TVL) on Velvet — the more you deposit the more tokens will be allocated to you.
- Time using Velvet — the longer you keep your deposit the more tokens will be allocated to you.
- Start date — the earning rate per day will be decreasing exponentially, the earlier you join — the larger allocation you’ll earn.
▪️ Aside from these parameters, to be eligible for the retroactive distribution you will have to hold Velvet products during several snapshot dates prior to the token launch. The snapshots will be publicly shared so that everyone can verify their eligibility for token distribution. Good Luck!
When using decentralized applications (ÐApps), it’s critical to remember that YOU are responsible for the security of your digital assets!
Disclaimer: This content is not intended to be financial advice. Investors should take the time to research any given product before they deposit or invest their funds.
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