408181
Velvet.Capital

@velvet-capital #408181

Intent Operating System for DeFi (backed by Binance Labs)
8368 Follower 96 Following
Weekly Update 10/14

Tech Updates
- Released BNB Chain contract and finalized design for BNB Chain Integration
- Reintroduced single asset withdrawal
- Finalized new smart contracts to send to auditor
- Updated design of Quick and Advanced Portfolio setup for a simpler flow
- Revamped marketplace for new multichain app

Community Updates
- Epoch 2 of the Trading Competition ended 10/13, winners will be announced and rewards distributed by the end of the week
- Continued growing our DeFi Renaissance Community on X, vote in the poll to decide who will earn the first 50 $pVLV prize for posting the best Alpha
- Published Morpho Integration and a Morpho ETH Yield Portfolio where users can earn up to 10,000 $pVLV each for participating!
- Published thread on the Velvet Referral Program
- CEO DeFi Vas had an interview with NextGen Vision at Solana Breakpoint in Singapore
- Continued on-boarding of community members, Traders, and KOLs to the Base App
- Released full length Demo of the Base App
Weekly Update 10/7

Tech Updates
- Updated and tested the new modal for deposit, trade, and create new portfolio
- Finished the integration of BNB Chain for the new app and began internal testing
- Next version of the smart contract: Tested the contract and getting ready to ship to auditors
- UI/UX fixes and optimization

Community Updates
- Epoch 2 of the Trading Competition will end 10/13, get in on the action by creating a vault on the Base App by then and depositing at least $250 into your vault
- Continued growing our DeFi Renaissance Community on X, where one person who shares the highest quality alpha will be awarded 50 $pVLV each Friday
- Cointelegraph published an article on Velvet Capital, showing their readers how Velvet can be your portal to make DeFi investing and trading simple!
- Held AMA with Crypto Rand on Discord
- KOLs have continued creating vaults on Velvet and spreading the word
- Continued on-boarding of community members, Traders, and KOLs to the Base App
- Released full length Demo
Weekly Update 9/30

Tech Updates

- Launched Fluid Pools on Base
- Launched Morpho Pools on Base
- Enhanced search functionality for filtering by protocols and asset type
- Finishing touches on the newly designed explore page
- Finished backed integration for upcoming BNB Chain integration
- Integrated Thena on BNB Chain

Community Updates
- Epoch 2 of the Trading Competition will end 10/13, get in on the action by creating a vault on the Base App by then and depositing at least $250 into your vault
- Continued growing our DeFi Renaissance Community on X (surpassed 100 members), where one person who shares the highest quality alpha will be awarded 50 $pVLV each Friday (beginning 10/4)
- KOLs have began creating vaults on Velvet and spreading the word Renksi, Blackbeard, Corgil, The Crypto Monk, WSB Trader Rocko, and more)
- Continued on-boarding of community members, Traders, and KOLs to the Base App
- Resonance published our Audit, more info to come in the coming days!
Weekly Update 9/23

Attended Token2049 in Singapore and sponsored the main event with a booth

Tech Updates

- Integrated Fluid and Morpho for lending pools on Base
- Setup Moralis integration for obtaining relevant contract data for charts and metrics
- Pushed new trade module
- Deployed new app contract on BNB Chain
- Began redesigning the explore page
- Conducted UX research with users to optimize our designs

Community Updates

- Published Softstack Smart Contract Audit
- Published results for Epoch 1 of the Base Trading Competition and winners received a share of 1,000 USDC, 5,000 $pVLV, and a Founders Club NFT (worth 0.69 ETH)
- Kicked off Epoch 2 of the Trading Competition on 9/23, where there will be heightened prizes awarded on 10/13, including 2,000 USDC, 7,500 $pVLV, and a Founders Club NFT!
- Reached $38,000,000 in Trading Volume
- Ended sales of the Founders Club NFT
- Continued growing our DeFi Renaissance X Community
Weekly Update 9/9

Tech Updates

- Designed a trade module for the app
- Released a new trade module where users can swap using our intent-based trade execution on Base without the need for creating a vault
- Optimized the loading speed of the app leading to a better user experience
- Released airdrop page on Mobile

Community Updates

- Epoch 1 of the Trading Competition will end on 9/17, get in on the action by creating a vault on the Base App by then and depositing at least $100 into your vault
- KOLs have begun to catch on to the trading competition and started spreading the word (CAM, Corgil, Ethereum Intern, DeFi Virtus, and more)
- Announced the end of Founders Club NFT Sales on 9/11/2024: if you’d like to join the founders chat, get 2x daily $pVLV, get your share of the 1,000,000 $pVLV pool, and more then secure your NFT in the next two days!
- Held the 11th Weekly Poker Tournament
- Community members have begun posting in our DeFi Renaissance X Community
The wait is finally over!⏰

Epoch 1 :- Vault Creation Challenge

Get ready to test your skills and showcase your strategies. Participate, compete, and stand a chance to win exciting rewards.

📆 :- 3rd Sept 2024 - 17 Sept 2024

Read more below👇🧵
Weekly Update 9/2

Tech Updates
- Released a new revamped airdrop page where users can see where they stand in the leaderboard, how many points you’ve earned in the past 24 hours, and how many points you’ve earned in each category (TVL, TVM, TVR, Trading Volume)
-Started redesigning the trade and explore module
- Optimized data and app loading speeds
- Optimized trading assets and sorting by APY for users of the Base App

Community Updates
- Earn 3x the $pVLV each day with the Velvet Capital Liquidity Mining Season 3
- Released a new Trading Competition for the Base App users with 1,000 in USDC and lots of $pVLV for each epoch
- Published partnership post for Beefy 
- Joined Base Onchain Summer
- Continued on-boarding of community members, Traders, and KOLs to the Base
- Raids have begun in the Official Velvet Capital Chat. Join our Telegram Chat to participate in the fun!
- Launched our DeFi Renaissance X Community: Join to learn and share alpha with fellow DeFi investors and traders!
Today we are excited to kick off a Season 3 of Velvet Capital Liquidity Mining Program

3x boost on $pVLV rewards is live for a limited time on Velvet Capital’s new app!

Learn how to earn the most $pVLV below 🧵
Velvet Capital is back with @zealy_io Velvet Vanguard Sprint 1 !

This time, we're rewarding the top 50 Vanguard on the Sprint Leaderboard with 5500 $pVLV that will boost your $VLVT Token Airdrop Rewards

📆 Start :- 29th Aug, 2024

📆 End :- 10th Sept, 2024 ( 2:00 pm UTC )

Join now 🔗👇🏻
New Achievement: $35,000,000 Trading Volume

Use Velvet's intent-based architecture to enable smart routing across onchain sources and OTC-style venues to ensure the best execution & MEV protection on all swaps
Weekly Update 8/26

Tech Updates

- Added the AAVE, Aerodrame, Beefy, Compound, and Uniswap pools to the Base App for users to trade
- Made APY visible on the app for all tradeable DeFi yield assets
- Added the airdrop page for users on the app where users can see points broken down into categories (TVL, TVR, TVM)
- Repay module for borrow and flash loan finished on the contract side for the upcoming version

Community Updates

- Public Release post of Base App has received over 100k impressions on X!
- Published partnership post for Enso Finance
- Joined Base Onchain Summer
- Continued on-boarding of community members, Traders, and KOLs to the Base App
- Held the 9th Weekly Poker Tournament
- Launched our DeFi Renaissance X Community: Join to learn and share alpha with fellow DeFi investors and traders!
Velvet Capital is now a part of the Base Onchain Summer!

All users of Base can use our portfolio management app to streamline trading and make DeFi Social

Check out Velvet on the Onchain Summer Page👇
Weekly Update (8/19)

Tech Updates

- Optimized the trade module design for a more seamless experience
- Added in ability to switch between various platform versions in the menu
- Optimized Token Data Speed
- Added Beefy Finance handler along with their APY
- User graph data points for different time frames added for both NAV and TVL of Vaults
- Decreased the contract size for Thena and Venus integration

Community Updates

- Continued to share the Public Release of Base App and the launch post has received 98.5k impressions so far!
- Featured on Alphanomics Intent Substack Article
- Posted Base Launch on Debank and had a $36 reward pool for those who joined
- On-boarded community members, Traders, and KOLs to the Base App
- Held the 8th Weekly Poker Tournament
- Posted Guides on Creating a Personal Vault and a Shared Vault in our Docs
🃏Velvet Poker tournament #8🃏

Today, Aug 15, 5:00 PM UTC

Rewards:
🥇 1st — 150 Velvet Points
🥈 2nd — 100 Velvet Points
🥉 3rd — 75 Velvet Points
🏅 4th — 50 Velvet Points
🏅 5th — 25 Velvet Points
Weekly Update (8/12)

This has been an eventful week for Velvet Capital with the release of our Base App! On the app, users can now trade any altcoin through our intent-based smart execution module, get in and out of top DeFi Protocols, and join others' portfolios through our marketplace.

Tech Updates

- Optimized the asset select modal in vault personal vault optimized for more ease in accessing information
- Redesigned Vault List on the mobile explore page
- Added option in Base App to go to the Arbitrum and BNB Chain Beta Apps
- Upgraded the backend TVL data load times
- Fixed issues with Personal Vault and Withdrawal failed transaction issues
- Deposit and withdrawal finished for the next release (THENA + Venus) on the smart contract side

Community Updates

- The public release of the Base App, and the launch post has received 82k impressions so far!
- Completed Week 3 of the Base Trading Competition
- On-boarded community members, Traders, and KOLs to the Base App
- Held the 7th Weekly Poker Tournament
Today we're excited to announce our public launch on Base 🔵, following a successful private testing phase, two security audits, and a white hat competition.

At Velvet Capital, we streamline onchain portfolio management and social trading with our Intent Operating System for DeFi:

- Trade any token via our smart execution engine
- Access top DeFi protocols
- Explore other people's portfolios

We combine best-in-class trade execution with a DeFi social layer!

Check it out below & keep reading to learn more about what you can do with the new app on Base
🃏Velvet Poker tournament #7🃏

Today, Aug 8, 5:00 PM UTC

Rewards:
🥇 1st — 150 velvet points
🥈 2nd — 100 velvet points
🥉 3rd — 75 velvet points
🏅 4th — 50 velvet points
🏅 5th — 25 velvet points

Link for joining the tournament:
https://www.pokernow.club/mtt/velvet-tournament-7-sx-jGARwqr
Weekly Update (8/5)

As we are now into August, it has been a volatile week but the Velvet Capital team is continuing to work on the Base Product and prepare for our public launch.

Tech Updates

- Finished optimizing the Base App for Mobile
- Speed Optimization: Faster loading of the App and Data
- Navigation Menu: Optimized icons in the menu for both desktop and mobile
- Integrated flash loans for collateral management in the new version

Community Updates

- Our Co-Founder and CEO @defivas went on Mario Nawfal’s Twitter Spaces to discuss the Base Ecosystem and Velvet Capital’s upcoming launch
- Continued onboarding Traders, Community Members, and KOLs
- Discussed the state of BNB Chain DeFi with Siren Protocol, Alpaca Finance, ApeBond, and others
- Completed Week 2 of the Base Trading Competition
- Continued On-Boarding KOLs for our Fair KOL Round via Cookie3
- Held the 6th Weekly Poker Tournament with 43 Participants!
Weekly Update (8/5)

As we are now into August, it has been a volatile week but the Velvet Capital team is continuing to work on the Base Product and prepare for our public launch.

Tech Updates

- Finished optimizing the Base App for Mobile
- Speed Optimization: Faster loading of the App and Data
- Navigation Menu: Optimized icons in the menu for both desktop and mobile
- Integrated flash loans for collateral management in the new version

Community Updates

- Our Co-Founder and CEO @defivas went on Mario Nawfal’s Twitter Spaces to discuss the Base Ecosystem and Velvet Capital’s upcoming launch
- Continued onboarding Traders, Community Members, and KOLs
- Discussed the state of BNB Chain DeFi with Siren Protocol, Alpaca Finance, ApeBond, and others
- Completed Week 2 of the Base Trading Competition
- Continued On-Boarding KOLs for our Fair KOL Round via Cookie3
- Held the 6th Weekly Poker Tournament with 43 Participants!
Velvet Capital Weekly Update (7/29)

As we are wrapping up July, the Velvet Capital team has had a busy week and we’d like to share our recent progress in building our new product and bringing new users onboard with our community.

Tech Updates:

- Dynamic allocation batch trade enabled

- Withdrawal in ETH: You now can withdraw out of your Smart Wallet or Vault in ETH

- Gas Estimation optimization

- Sorting and search bar for vaults in marketplace

- Optimized frontend for trading module in the Base App

- Mobile development started

Community Updates:

- Started sharing our Base App with our Community

- Completed Week 1 of the Base Trading Competition

- Started On-Boarding KOLs for our Fair KOL Round

- Recorded a demo of the new Base App

- Announced Partnership with DEXTools

- Held the 5th Weekly Poker Tournament with 29 Participants!
🃏Velvet Poker tournament #5🃏

Today, July 25, 5:00 PM UTC

Rewards:
🥇 1st — 150 velvet points
🥈 2nd — 100 velvet points
🥉 3rd — 75 velvet points
🏅 4th — 50 velvet points
🏅 5th — 25 velvet points

Important:
• Your nickname on the platform has to match your Discord ID!
• It's better to register an account on the platform in advance
Join the Velvet Capital trading competition on Base🔵 today!

Trade your favorite tokens and memes and get rewarded for doing that!

Top three performers will receive:
🥇 100 USDC + 300 Points
🥈 200 Points
🥉 100 Points

Competition will begin at 7/20 at midnight UTC & the minimum balance required is 100 USDC.

Who wants to join?
🃏Velvet Poker Tournament Week 4🃏

Today, July 18, 5:00 PM UTC

Rewards:
🥇 1st — 150 Velvet Points
🥈 2nd — 100 Velvet Points
🥉 3rd — 75 Velvet Points
🏅 4th — 50 Velvet Points
🏅 5th — 25 Velvet Points

Link for joining the tournament:
https://www.pokernow.club/mtt/velvet-tournament-4-mXS4CRE01f
Recast and Comment to get early access to social trading superpowers on Base🔵

A frequent trade in crypto (especially memecoins) is for KOLs, influencers and whales to buy a token, post about it to drive the price up & dump on their own community.

Even when you try to follow big wallets and copy-trade them, your actual execution price is always going to be worse since your 'buy' comes after theirs. Some targets notice this, buy smallcap tokens, wait until copy-traders drive the price up & dump on them.

We want to turn this around!

We built an Intent Operating System for DeFi to streamline onchain portfolio management & make DeFi social.

There are three main use-cases for Velvet:

1. Smart Wallet: Create a smart wallet and manage your own personal portfolio: trade any token and use multiple DeFi protocols

2. Public Vault: Create a vault and bring your community to join your vault

3. Custom App: Spin off an app under your own web domain & branding to preserve direct client relationships.
Recast and Comment to get early access to social trading superpowers on Base🔵

A frequent trade in crypto (especially memecoins) is for KOLs, influencers and whales to buy a token, post about it to drive the price up & dump on their own community.

Even when you try to follow big wallets and copy-trade them, your actual execution price is always going to be worse since your 'buy' comes after theirs. Some targets notice this, buy smallcap tokens, wait until copy-traders drive the price up & dump on them.

We want to turn this around!

We built an Intent Operating System for DeFi to streamline onchain portfolio management & make DeFi social.

There are three main use-cases for Velvet:

1. Smart Wallet: Create a smart wallet and manage your own personal portfolio: trade any token and use multiple DeFi protocols

2. Public Vault: Create a vault and bring your community to join your vault

3. Custom App: Spin off an app under your own web domain & branding to preserve direct client relationships.