probably the most important update of this year (so far)
Velvet X is coming out of the shadows, sharing first invite codes with top traders, trenchers & creators
who should we invite?
1,000,000 $VELVET going to users on October 10th for the end of Epoch 3
Trade, stake $VELVET, provide TVL to Portfolios, and refer friends to earn your share of the rewards!
(1/x)
Napkin math for USDC (not financial advice):
~$40B in circulation
~80% ($32B) in short-term US treasuries - the maturity dates are likely spread out pretty evenly with ~half maturing within a month (if we take the Jan snapshot and assume the same distribution)
Big day today: $VELVET is live on Velvet!
It’s an important milestone and the beginning of a new chapter! Now the goal is to create a growth flywheel & thriving ecosystem around $VELVET
See more details on @Velvet_Capital
Earn when your friends trade on Velvet Capital
Now live on Base: Fee Sharing
Earn 50% of the fees from your friends for life when using your referral code on Base (soon to be live on our other chains) 💵
Check out the Referral Tab to get started!
gm, seems like we reached a point where my whole timeline is just Virtuals ecosystem
which is good - in the end of the day @Velvet_Capital is THE place to trade agents
and obviously get alpha from @VU_virtuals right in the app (with 72.5% accuracy ratio)