In today's rapidly developing blockchain world, Velo tokens, as an important component, are building a bridge between traditional finance (TradFi) and decentralized finance (DeFi). The infrastructure of the Velo ecosystem is built on the EVM-compatible Nova Chain and is designed to provide users with a seamless financial services experience.
Advantages of Nova Chain
Nova Chain is a blockchain platform focused on user acquisition that supports the development of decentralized applications (dApps). Its mainnet uses NOVA tokens as gas fees. Although the fee has no monetary value, it provides users with a convenient operating experience. Users can request NOVA tokens from their wallets through a faucet, ensuring that each user receives tokens under specific conditions, thus avoiding hoarding.
This design not only simplifies the user onboarding process, but also provides great convenience for users who are not familiar with Metamask or DeFi wallet operations. Through NOVA tokens, users can easily interact with Velo’s dApps ecosystem, promoting interoperability among multi-chain, multi-asset and multi-role users.
Core advantages of the Velo ecosystem
A major advantage of connecting the TradFi and DeFi:Velo ecosystems is its ability to bridge the gap between traditional and decentralized finance. Through cooperation with financial institutions such as SEBA Bank, Asia Digital Bank (ADB), VISA, etc., Velo provides users with a platform that can connect TradFi and DeFi at the same time. This interconnection not only provides users with more choices, but also brings new business opportunities to partners.
Organic User Acquisition: By facilitating the conversion of current web 2.0 traffic to a web 3.0 world, the Velo ecosystem effectively drives user acquisition. Public users have free access, while whitelisted businesses are able to deploy their services on the platform. This two-way user acquisition strategy enables the Velo ecosystem to rapidly expand and attract more users and enterprises to participate.
DAO governance system
Velo token holders have voting rights and can participate in the DAO governance system. This system allows users to stake their tokens for a designated period of time to vote for proposals from partners or potential projects. This governance model not only enhances users' sense of participation, but also promotes the construction of the community. Low-cost transaction experience: The Velo ecosystem provides low gas fee services through NOVA tokens, and users do not need to worry about the high costs of traditional infrastructure. This low-cost trading experience lowers the threshold for users to participate in DeFi, allowing more people to enjoy the convenience of decentralized finance.
Innovative business model
Velo’s business model is completely different from the traditional fee-based model. Velo establishes solid cooperative relationships with real industry companies and shares the revenue and profits of these companies to achieve mutual benefit and win-win results. This model not only drives innovation but also brings long-term prosperity to all parties.
Future Outlook: With the continuous development of blockchain technology, the Velo ecosystem is not only constantly innovating in technology, but also seeking breakthroughs in business models. Through partnerships with blockchain, fintech and digital remittance companies, Velo is bringing the traditional financial system into a new era.
For example, a partnership with traditional remittance company Inception enables Velo’s blockchain technology to achieve faster service speeds and lower costs. This cooperation not only improves the user experience, but also lays the foundation for further expansion of the Velo ecosystem.
in conclusion
As an important tool connecting traditional finance and decentralized finance, Velo token is providing users with a more convenient and efficient financial service platform. Through Nova Chain's powerful infrastructure, the Velo ecosystem not only effectively promotes user acquisition, but also provides new business opportunities for enterprises.
In the future, as more partners join, the Velo ecosystem will continue to expand and become a vibrant financial ecosystem. Whether they are individual users or enterprises, Velo will provide them with better services and experiences and promote innovation and development in the entire financial industry.
By combining traditional finance and decentralized finance, Velo is opening up a new financial path for users and looks forward to more possibilities in the future.