Velocore ($VC) is a groundbreaking solution that synthesizes top-tier DEX methodologies into a novel, high-performance flywheel. It is the first ve(3,3) DEX on zkSync and aims to expedite and augment liquidity by incentivizing $veVC holders or procuring veVC to strategically reallocate emissions towards their liquidity pools. Meanwhile, Velocore have also announced their Velocore V2 will be launched on Linea, so there may be airdrop opportunities there too! Therefore, participating in a potential Velocore airdrop could also make you eligible for zkSync AND Linea airdrops too! This article will give you a step by step guide on how to position yourself for a potential Velocore ($VC) token airdrop.
Velocore airdrop step-by-step guide
Here’s how to get a potential Velocore ($VC) token airdrop:
- Connect your wallet to the Velocore Questboard.
- Join Discord.
- Follow Twitter, like, reply and retweet to post.
- Tweet about Velocore.
- Visit Velocore’s Medium page and clap their article.
- Invite friends to Velocore.
See below for more details.
What is Velocore?
Velocore is a groundbreaking solution that synthesizes top-tier DEX methodologies into a novel, high-performance flywheel. Velocore is built on zkSync Era, a Layer-2 protocol that uses ZK technology to scale Ethereum. Velocore’s aim is to provide users with a fast, secure, and efficient way to trade assets while minimizing transaction fees and slippage and supporting various protocols onboard for the zkSync era ecosystem.
At the same time, Velocore is embarking on a new journey with Linea, a zkEVM layer 2 protocol developed by ConsenSys. This new venture will be independent from the current Velocore running on zkSync Era and will be based on the upcoming Velocore V2 system. The official launch of Velocore V2 on the Linea platform will take place after the full launch of the Linea Mainnet.
Velocore already did an airdrop of POAPs to supporters when it launched on zkSync era with overwhelming success. Therefore, it is likely that Velocore may do another airdrop when Velocore V2 launches on Linea!
Does Velocore have a Token?
Velocore uses two tokens, $VC and $veVC, to manage its utility and governance. The protocol rewards liquidity providers through emissions using the ERC-20 utility token $VC. For governance, Velocore uses the ERC-721 governance token $veVC in the form of an NFT (non-fungible token). Any $VC holder can vote-escrow their tokens and receive a $veVC (also known as veNFT) in exchange.
$VC tokens have a locking mechanism. The lock period for $VC tokens can be up to 4 years. The longer the lock period, the more $veVC tokens are received in exchange. The longer the vesting time, the higher the voting power and rewards for the $veVC holder.
At launch, Velocore had an initial supply of 60m $VC and will allocate 7.5% of it towards supporting and rewarding its contributors. Check out Velocore’s Tokenomics for more details.
Is there a Velocore ($VC) Token Airdrop?
Velocore did an airdrop in April 2023 to celebrate its launch on zkSync. Those who were eligible received a POAP which allowed them to claim a maximum of 5,550 $VC. Now, Velocore is planning to launch Velocore V2 on Linea after the full launch of Linea Mainnet. Considering the success of their previous airdrop, it is likely that the team may do an airdrop to celebrate the launch of Velocore V2. So far, the team have hinted they will have a Galxe campaign and may have an initial product ready for the DeFi event in June 2023. Meanwhile, there are a few tasks you can do to prepare yourself. Here’s a step by step guide on how you can get started with a potential Velocore $VC token airdrop.
Time needed: 25 minutes
- Connect your wallet to the Velocore Questboard
Connect your wallet here.
- Join Discord
On the Questboard, join Velocore’s Discord and click “Claim Reward”.
- Follow Twitter, like, reply and retweet to post.
Follow Velocore Twietter, like, reply and retweet their post. Then, click “Claim Reward”.
- Tweet about Velocore
Tweet about Velocore, paste the link to the Tweet on the Questboard and click “Claim Reward”.
- Visit Velocore’s Medium page and clap their article
Visit the Medium page, clap at least one of their articles and click “Claim Reward”.
- Invite friends to Velocore
On the Questboard, click “Invite” to generate your invite link (here’s ours!). Invite up to 1, 5, 10, 100 and 200 new members to the Questpage for XP points and additional Discord roles.
Velocore Airdrop Review
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of Airdrop: Velocore is likely to do an airdrop as they have successfully done one in the past.
Airdropped Token Allocation: Velocore will allocate 4.5 million $VC towards the ecosystem fund, and a part of this will go towards airdrops.
Airdrop Difficulty: The project has not yet released full details about its airdrop rules. However, you can get started with completing the tasks on their Questpage. These are social tasks and do not require any funds.
Token Utility: The $VC token is an ERC-20 utility token of Velocore used for rewarding liquidity providers through emissions.
Token Lockup: There is no announcement on token lockup yet. The project stated that they will release $VC tokens allocated towards their ecosystem fund step by step a few days after launch.