Beefy
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beVELO
CHAIN: OP Mainnet
PLATFORM: Beefy
TVL
$1,081
APY
-
DAILY
-
Your Deposit
0
Last harvest
2 years ago
This vault has been retired. You can migrate your beVELO tokens to the new pool to start earning VELOv2.

Historical rate

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Safety Score
Positive score
Low-complexity strategy
Beefy
Positive score
Strategy is battle tested
Beefy
Positive score
Very low or zero expected IL
Asset
Negative score
Micro market-capitalization, extreme volatility asset
Asset
Positive score
Platform audited by trusted reviewer
Platform
Positive score
Project contracts are verified
Platform

Strategy

The vault deposits the beVELO in Beefy and farms for more beVELO. The earned beVELO is then deposited back into the Beefy farm. The transaction cost required to do all this is socialized among the vault's users.

Details

beVELO
WebsiteContractDocs
OP MainnetNative
$0.00
beVELO is Beefy-wrapped VELO that earns more VELO over time. Beefy distributes trading fees and bribe rewards weekly to beVELO holders, swapping VELO to beVELO. beVELO holders receive the same rewards as max-locked veNFT VELO holders.