VELO Will Be Available on Pool-X BurningDrop

Dear Pool-X Users,

Pool-X will be launching Velo (VELO),  the second BurningDrop project, supporting users to stake assets including KCS to get VELO. Primarily, BurningDrop provides users with the opportunity to participate in on-chain finance fairly and efficiently for multi-chain assets. Also, users can improve their computing power by burning POL. More details will be released in the follow-up announcement, so please stay tuned!

Introduction of VELO：

The Velo Protocol is a value transfer engine that consists of two components: a Digital Credit Issuance Mechanism and the Digital Reserve System. Together, these components allow Trusted Partners to tap into the reach, operational efficiency, and transparency of the Velo Protocol and its underlying distributed ledger technology. The Velo Protocol enables multiple business use cases that are all based on its core function: issuing collateral-backed digital credits that can be used for frictionless value transfer.

VELO Official Website: https://velo.org

About VELO Token: Click to view

The Pool-X Team