Announcing Wavelength, the most advanced Decentralized Exchange (DEX) on Velas Blockchain. As a next-generation Automated Market Maker (AMM), Wavelength is built on top of the Balancer V2 framework to achieve the goal of becoming the premier liquidity hub for the DeFi landscape on Velas.
Inspired by Balancer’s innovation, Wavelength leverages this technology to bring a suite of exciting features to Velas — such as Weighted Pools, smart order routing, stable swaps, concentrated liquidity, limit orders, and more.
These improvements will enable higher on-chain volumes, more cost-effective trading, and the creation of custom AMMs.
These functionalities are paired with highly liquid bridging solutions provided by Multichain, enabling a significant user experience improvement for transfering cross chain liquidity to Velas and participating in the foundation of its ecosystems.
📰Wavelength Weekly Digest
Due to its asset structure, the “Quad Core” pool ( $VLX $ETH $BTC $BUSD ) is the most preferred pool in the last 24H with a volume of 8,4k $
And the top rewarding pool of Wavelength is the “Stability” pool ( $USDC $BUSD ) with a current APR of 76.9%!
Did you know❓
Wavelength is also a DEX along with other features of it that uses the “Smart Order Router” (SoR) mechanism for swaps which searches for the deepest liquidity possible, therefore giving you the best offer for trading.
http://wavelength.exchange
On the Analytics page of Wavelength, you can track the price changes, 24H Volume, and TVL of tokens supported by Wavelength.
Also you can add your favorite tokens to your watchlist for easy access!
http://analytics.wavelength.exchange
$WAVE $VLX $USDC $AVAX $ETH $MATIC $USDT $BUSD $BTC $BNB
Wavelength offers a great analytics tool where you can see major Velas chain metrics in a handy dashboard!
You can also track the price/volume/TVL data of Wavelength pools as well as the supported tokens.
https://analytics.wavelength.exchange/#/
Check out the related article below for a step-by-step guide and further details:
Wavelength Liquidity Rush
Introduction
medium.com
Time goes by quickly, and we are halfway through the Liquidity Rush event.
As you know, higher liquidity means a better trading experience. That’s why Wavelength will reward 5 lucky event participants at the end of this month!
Stable Pools provides a better trading experience with:
-A decentralized value transfer through automatical liquidity rebalancing
-More efficient gas usage
-Low price impact
-Close-to-parity price performance
For more details, check out:
Stable Pools
wavelength.gitbook.io
The issue has been solved but it reminded us of the necessity of a highly efficient/accurate trading structure.
Wavelength has such a structure, called Stable Pools!
As you may know, Circle’s $USDC lost its dollar peg recently and caused unrest in the market.
Some of the major DeFi protocols had to make modifications in their code to prevent bad debt while many investors suffered losses.
📰Wavelength Weekly Digest
The “Stability” pool has the highest APR of 49.9%.
( $USDC , $BUSD )
We can say that it is one of the best yield options for your stables!
Most popular pool with the highest #TVL is “DeepWave” with ~$410K. ( $WAVE, $WVLX)
Wavelength offers various prizes to its community members in Discord.
Visit the “Reward Market” in the Wavelength server and claim your prizes by earning points.
You can find more info on “Reward Market” from the link below:
Announcing The Wavelength Reward Market
We’re happy to announce the Wavelength Reward Market, a premier community destination on the Velas blockchain, e…
medium.com
Wavelength offers a great analytics tool where you can see major Velas chain metrics in a handy dashboard!
You can also track the price/volume/TVL data of Wavelength pools as well as the supported tokens.
https://analytics.wavelength.exchange/#/
Did you know that the “Stable Trio” pool of Wavelength offers 14.7% APR for $USDC, $USDT, $BUSD trio and “Stability” pool offers 33.1% APR for $USDT, $BUSD pair?
And that’s just for stables, check out the other pools from the link below:
https://app.wavelength.exchange/#/pools
The competition is heating up!
Deep liquidity is the key to Wavelength’s flexible pools and superior trading experience.
https://medium.com/@Wavelength_DAO/wavelength-liquidity-rush-db99823fd7fb
Wavelength presents you yet another exciting competition, The Liquidity Rush!
As you know, without sufficient liquidity, traders may not be able to buy or sell their assets at the desired price.
That’s why Wavelength initiates The Liquidity Rush campaign!
And with 4.8k$ daily volume “Velonian” is the most preferred trading pair. ( $BUSD, $VLX)
📰Wavelength Weekly Digest
Due to its TVL, “EVM Quarter” has the highest APR of 83.9%. ( $AVAX , $BNB, $MATIC, $VLX)
With its juicy APR for stables, pool with highest #TVL is “Stable Trio” with 500.870$ ( $USDC, $USDT)
As Wavelength realized, @VelasBlockchain has great potential for exponential growth, and it offers an excellent environment for fresh developers to build and DeFi giants to integrate!
Website:
Discord: https://discord.gg/wavelengthdao
Wavelength DAO
We're proud to be introducing Wavelength, the first next-generation AMM DEX inside Velas Blockchain.
www.wavelength.exchange
@VelasBlockchain fulfills the criteria above since it is a carbon-neutral blockchain based on an energy-efficient DPoS mechanism.
@VelasBlockchain offers fast and cheap transaction performance with 50K+ TPS capacity.
Wavelength sought chains that fulfilled a set of criteria to deploy.
– Innovative solutions with lots of development activity
– An ecosystem aligned with Ethereum and its values
– Fast and with cheap gas fees
– Environment-friendly blockchain concept
Let’s brainstorm about the necessary conditions for deploying on the Velas Blockchain.
The deployment of protocols significantly affects a chain’s growth in both financial and social terms.
Check out the related article below for a step-by-step guide and further details:
Enter now! 👀
#Giveaway #Airdrop #VelasChain $WAVE
Wavelength Liquidity Rush
Introduction
medium.com
Bitcoin(BTC)$27,894.000.070%
Ethereum(ETH)$1,754.37-1.15%
Velas(VLX)$0.0220.860%
VelasPad(VLXPAD)$0.013-0.69%
Velhalla(SCAR)$0.00182.31%
SWAPZ.app(SWAPZ)$0.00220.480%
WagyuSwap(WAG)$0.00713.10%
AstroSwap(ASTRO)$0.000760.980%
BitOrbit(BITORB)$0.00331.03%
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