Velocore VC Price $ 0.00428

Velocore is a key DeFi component of the zkSync era ecosystem, designed to reward users for providing liquidity. Built upon the strong foundation established by Solidly and Velodrome Finance, Velocore aims to foster growth and innovation within zkSync era. As part of our grand vision, we plan to expand Velocore's capabilities by launching a lending market and supporting other builders. This strategic development will enable us to build powerful money legos on zkSync era, further enhancing the DeFi landscape.

The core functionality of Velocore is to allow users to trade digital assets in a secure way, with very low fees and low slippage. Velocore offers two different liquidity pool types based on token pair needs, Stable Pools and Variable Pools. The protocol router evaluates both pool types to determine the most efficient price quotation and trade execution route available. To protect against flashloan attacks, the router will use 30-minute TWAPs (time-weighted average prices). The router doesn't require upkeep (external maintenance).