#29 @vela_exchange interview!

3rd interview, with some alpha from vela team

#29 @vela_exchange interview!

3rd interview, with some alpha from vela team

📍In this thread

1. Recap of Vela

2. Story of Vela

3. Vela Vision

4. How to win trading vol over competitors

5. Dates to keep an eye on👀

6. Alpha for community 👀

7. What is require to make it in crypto?

📍Recap of Vela

Vela Exchange is a perpetual trading DEX built with the goal of bringing CEX speed / tooling to the DEX space without sacrificing the benefits of on-chain trading.

Smart 🐏 got a thread for u already

2lambroz.eth 🐑 Crypto Nerd 🤓 @2lambro

@vela_exchange @arbitrum new perpetual exchange public beta launching 18th January In this Thread 1) TLDR 2) How does the protocol works 3) Providing Liquidity 4) Fee sharing model 5) $VELA & $eVELAToken Utility 6) Hyper $VLP rewards 7) Summary

📍Story of Vela

We started as Dexpools in late 2021, and built a cool OTC platform to support retail P2P trading. Our platform launched in April of 2021 along with a small seed raise.

On our roadmap was to integrate additional DEX capabilities, and we decided to add perpetual trading right before summer of 2022 since we as traders found it really hard to move off of CEXs to trade perpetuals and derivatives on dApps.

Prior and current dApps just don't have the power and speed of centralized applications, and we thought it would be an interesting challenge to build something from the ground to improve every trader's experience.

Our team start with Travis and I meeting together at BCG, building some cool stuff together, and deciding to build in the defi space as a founding team. We met the rest of our team through fortunate circumstances, including RP from Balancer, Berke from Rome Blockchain Labs, and Anthony through various projects.

📍Vela Vision

To give trader's the experience they expect from a professional trading application without sacrificing custody or transparency.

📍How to win trading vol over competitors

Build better experiences, market the hell out of the great things we do, and be as honest and transparent with the community as possible.

📍Dates to keep an eye on 👀

Open access for beta start on February 9th. It will be HUGE.

Keep an eye out for special incentives and trading contests coming up!

📍Alpha for community 👀

Trading in the beta will give you some really solid benefits. That's all!

📍What do you think is require to make it in crypto?

Same thing as anything else. Consistency, professionalism, all that good stuff with a sprinkle of degenerate energy.

Thank you for reading & @vela_exchange team!