Launching a fork could happen overnight, but a good original product can’t be made in a short time. We’ve been working day and night for 4 months since V1 launched to optimize contracts, UI/UX, and build the best DEX possible! Isn’t it really hard to find a team that keeps researching and revolutionizing the field instead of taking the easy way? (tapping my shoulder)
Our revolutionized version embodies everything our community has asked for, integrating functionality with refined design to foster the most seamless and user-friendly experience possible. In this article, we’ll delve into the exciting new features of Velocore V2.
We’ve covered the technical side of Revolution in the docs, so let me focus more on the UX/UI side that you’ll love to see!
First Look: Instant Access, Improved Interface
1/ Say goodbye to the old frustrating UI where you couldn’t see anything unless you matched the chain and connected your wallet. Now, no matter what chain you use or whether your wallet is connected or not, you have instant access to Velocore!
2/ We’ve abandoned the old Solidly UI, offering a smoother, more efficient experience.
Swap Page: Tailored Trading Experience
3/ Make informed decisions: The swap page now displays estimated in/output dollar values and price impacts.
4/ Smart Split Routing: If you are swapping a large amount, we don’t just swap through one route but split the route to minimize the price impact. No need for 3rd party aggregators on this since we support native multi-execution!
5/ You can set the output amount and reversely calculate the required input! Surprisingly, this seemingly basic feature is still not supported by all Solidly/Velodrome families and many DEXs because there isn’t a corresponding function.
6/ For the professional traders and strategic protocols out there, you could also use internal accounting balance to reduce gas fee further, just like the Balancer protocol. Though we didn’t put the UI for it on the website to reduce confusion for normal users.
Liquidity Page: Enhanced Pool Information
7/ Liquidity page provides detailed pool information, enabling informed decisions when supplying liquidity.
8/ We’ve whitelisted stable pairs to mitigate confusion. There were many confusing stable pairs, like sAMM-ETH/USDC, sAMM-VC/ETH. We keep the stable pool clean while opening up opportunities for partners to make their own stable pools.
9/ Magic deposit/withdraw allows you to deposit LP with any single or multiple tokens you have in one transaction! Native Zap saves your day.
10/ See unstaked LP in your wallet and manage them directly.
11/ Expect superior efficiency with our ETH pair Canonical pool. You can still deploy USDC pairs or any other type of pool in a decentralized way, but we hid it from the UI to prevent a flood of spam pools. This would facilitate quicker and more precise routing and the overall prevention of scam pools.
12/ Single side deposits for the stable pool using wombat style pools! Earn yield with the stable coin of your taste.
13/ A small change that makes a big difference: $ value toggle button!
veVC Page: Optimized Route Finder
14/ Find the most efficient route to acquire veVC on our veVC page. If there is a cheaper route to acquire VC than minting veVC on a 1:1 basis, we’ll use that route.
Vote Page: Simplified and Optimized Voting
15/ Smart vote distributor: If deciding which pools to vote for gives you a headache, the new smart vote feature is here to help. It optimizes your choices by taking both APR and TVL into account.
16/ Intuitive panel to manage your vote collectively.
* Green rim stands for increased changes and red for the decreased ones.
17/ Toggle view of [% ⇔ amount] on vote counts or [$ value⇔token amounts] on rewards.
18/ No more iteration on fragmented NFTs that cost you tons of gas on every epoch! Voting is always just one click away with an optimized gas fee.
19/ Optimized dashboard showing only the necessary information you need to vote.
20/ No more epoch, just vote, forget, and go! No more waiting a week for the wrong vote, just switch to a better rate pool in real-time!
Bribe Page: Customized Periods and Amounts
Bribing has never been so easy!
21 / You don’t have to bribe every week! Set your custom bribing period and amount, and watch them distribute linearly.
22 / Get highlights from top bribe pools and a complete bribe value sum-up.
Reward Page: Simplified Reward Claiming
23/ Claim all is ALL you need!
Our Reward page allows for efficient claiming with a single click, regardless of the number of tokens you’re collecting. You can either claim them as is or choose to zap them into a token of your choice. This includes not only your voting rewards but also your LP staking rewards.
24/ Pro tip If you hover your mouse over the pools, there are token info and ‘add to wallet’ buttons. Quite useful!
Passport Page: Measuring Contributions and Growing Together
25/ Get your share of airdrop from us! We’ve recently announced a 50% distribution of the protocol share of airdrop in the future. Awesome Passport page measures contributions based on five major criteria below, fostering growth alongside our ecosystem partners.
- Swap Volume: Historical dollar value of swap volume
- Liquidity Providing: Indirectly measured by the total amount of $VC claimed through LP participation.
- Governance Score: Amount voted multiplied by time. (Voting for 1 epoch is calculated as 7 days for V1).
- Ecosystem Partner Stamp: Our partners could designate an on-chain task for the stamp. Velocore wants to grow together with our partners on every chain!
- Ticket(POAP) and Launchpad Participation: Owning a special POAP granted for pre-mining events and launchpads will give you an extra bonus.
26/ Free PFP minting and monthly Trophy NFT system to trade your contribution score: Coming soon!
We’re already talking to some foundations about this, and in the future, Passport will be a way to connect Velcrews on different chains.
Wrap up
We are on the verge of launching V2. As soon as we receive the audit report, we’ll initiate the launch on the Linea mainnet. Shortly thereafter, we’ll begin the migration from V1 in the zkSync Era to V2. Stay tuned as we’ll soon share details about our pre-mining plan on Linea, the airdrop for zkSyncEra users, and the $LVC IDO plan.
