What Is Velo? Velo (VELO) is a next-generation financial platform based on blockchain technology. The Velo protocol is a decentralized settlement network that consists of a […]
ICO Details
Ticker Symbol:
VELO
Blockchain Network:
Ethereum
Token Type:
ERC-20
Category:
Rating:
What Is Velo?
Velo (VELO) is a next-generation financial platform based on blockchain technology. The Velo protocol is a decentralized settlement network that consists of a digital credit issuance mechanism and a digital reserve system.
Velo Unique Features
There are two primary components made up the protocol:
Digital Reserve System. A 1:1 value ratio between issued digital credits and associated fiat currency is maintained through the Digital Reserve System’s automatic rebalancing of the VELO token collateral pools.
Digital Credit Issuance Mechanism. By staking tokens in collateral pools, the Digital Credit Issuance Mechanism creates digital credits that are tied to any fiat currency. Please see below for methods to obtain VELO tokens.
Roadmap
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Velo Token Economy
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