Thread by @deusexdao

🎧 New podcast episode with @VelodromeFi

We got a full house!
@wagmiAlexander @gabagooldoteth @taowatts @pooltypes talk about the origins of Velodrome, how they improved upon Solidly and what's coming for Velodrome and #L22022

▶️ anchor.fm/deusex-dao/epi…

Highlights 🧵👇

@VelodromeFi @wagmiAlexander @gabagooldoteth @taowatts @pooltypes ➡️ Origin story ⬅️
@gabagooldoteth stealth launched @InfoTokenDAO to find like-minded people to build with. @_veDAO_ was their first test case. The goal was to capture enough TVL to get a veSOLID NFT the DAO would then manage.

@VelodromeFi @wagmiAlexander @gabagooldoteth @taowatts @pooltypes @InfoTokenDAO @_veDAO_ @VelodromeFi is the second example of what the @InfoTokenDAO team is capable of.

@VelodromeFi @wagmiAlexander @gabagooldoteth @taowatts @pooltypes @InfoTokenDAO @_veDAO_ ➡️ Reasons for choosing @optimismPBC ⬅️
🔹 Upcoming ecosystem means opportunity to become the main liquidity marketplace
🔹 $OP aidrop as a catalyst for overall network growth
🔹 Optimism team was eager to help and offered a grant (Velodrome is community-owned, no VCs)

@VelodromeFi @wagmiAlexander @gabagooldoteth @taowatts @pooltypes @InfoTokenDAO @_veDAO_ @optimismPBC ➡️ Why fork Solidly? ⬅️
Core innovations of Solidly
🔹 Incentivization of efficient pools only
🔹 veNFTs find a good balance between locking and unlocking. Allows for more symbiotic than parasitic relationships between ve token and Convex-style layers on top.

@VelodromeFi @wagmiAlexander @gabagooldoteth @taowatts @pooltypes @InfoTokenDAO @_veDAO_ @optimismPBC ➡️ Improvements ⬅️
🔹 To prevent malicious pools, pools and gauge creation is permissionless but can only include whitelisted tokens

+ The Commissaire (a Curve-esque Emergency DAO) will have the right to disable hostile gauges.

🔹 Integrated bribing system

@VelodromeFi @wagmiAlexander @gabagooldoteth @taowatts @pooltypes @InfoTokenDAO @_veDAO_ @optimismPBC ➡️ Thoughts about the future ⬅️
🔹 Thinking about unlocking the value of veNFTs. For example, separating gov power and yield (rent out NFT while maintaining ownership)
🔹 Cross-chain functionality is interesting for the team

@VelodromeFi @wagmiAlexander @gabagooldoteth @taowatts @pooltypes @InfoTokenDAO @_veDAO_ @optimismPBC The team is talking to a lot of projects and all of them have plans to deploy on Optimism. Velodrome wants to help onboard others to the network. Can support their liquidity needs by granting veNFTs, help bribe, work with stablecoin providers.

https://twitter.com/VelodromeFi/status/1533929762124619788

@VelodromeFi @wagmiAlexander @gabagooldoteth @taowatts @pooltypes @InfoTokenDAO @_veDAO_ @optimismPBC 👉 Check out the full episode anchor.fm/deusex-dao/epi…

@VelodromeFi @wagmiAlexander @gabagooldoteth @taowatts @pooltypes @InfoTokenDAO @_veDAO_ @optimismPBC Thanks to @cryptobrucey & @Ace_da_Book for hosting.
Thread by @0xKepler

Happy cycling 🚴‍♀️