![Velo Logo](https://coin-images.coingecko.com/coins/images/12538/small/Logo_200x_200.png?1696512350)
Velo VELO
1. Summary
- Price
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$0.02 +8.2%
- Market Cap
- $125.14M (#300)
- Supply
- 7.39B / 24.00B
- Description
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Project Overview
Project Overview
Velo Labs is building a federated credit exchange network powered by the Velo Protocol, a blockchain financial protocol enabling digital credit issuance and borderless asset transfers for businesses using a smart contract system. This protocol ensures the secure and efficient transfer of value between partners in a timely and transparent manner.
Key Features
Digital Credits Issuance
- The Velo Protocol allows partners to issue digital credits pegged to any fiat currency via a smart contract layer.
- These digital credits are collateralized using VELO tokens to maintain a 1:1 digital credit to fiat currency value ratio.
Stellar Consensus Protocol
- Transactions are processed and settled using the Stellar Consensus Protocol, ensuring the integrity and security of the network.
Federated Credit Exchange Network
- The Velo Protocol is part of the Federated Credit Exchange (FCX) network, targeting both businesses and financial institutions.
- The FCX network enables multiple business use cases based on issuing collateral-backed digital credits for frictionless value transfer.
Partnerships
- Velo Labs has integrated with Interstellar, leveraging the Stellar blockchain for faster cross-border payments.
- Partnerships include Matrixport Cactus for custodial services and Chainlink for oracle services.
Network Functionality
- The Hermes Warp Protocol enables the integration of the Stellar blockchain with other chains, such as Evrynet and Ethereum, for seamless token conversions.
Price | |
52W High price | $0.03 |
52W High date | 10th May 2024 (3 months ago) |
All Time High (ATH) Date | 8th Mar 2021 (3 years ago) |
ATH Price | $2.29 |
% From ATH | -99.26% |
All Time Low (ATL) Date | 20th Dec 2022 (1 year ago) |
ATL Price | $0.001030460000 |
% From ATL | 1550.59% |
Supply & Trading Volume | |
Trading Volume (24h) | $15.30M |
Total Supply | 24.00B |
Circulating Supply | 7.39B |
VELO
How does Velo's (VELO) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-8.1%
VELO
9.2%
Similar Market Cap
60 Day Return
86.7%
VELO
21.5%
Similar Market Cap
1 Year Return
335.0%
VELO
104.1%
Similar Market Cap
We're monitoring 5 Velo GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Velo Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 2
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 0 commits vs. an average of 114
Most Active Repos
Past week | 0 |
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Past 12 weeks | 0 |
Past year | 14 |
Past week | 0 |
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Past 12 weeks | 0 |
Past year | 2 |
Past week | 0 |
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Past 12 weeks | 0 |
Past year | 0 |
Past week | 0 |
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Past 12 weeks | 0 |
Past year | 0 |
Past week | 0 |
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Past 12 weeks | 0 |
Past year | 0 |
Top Developers 2024
In total, 0 developers have contributed to Velo over the past year. Who are the most active Velo developers, by commits, over the past year?
Related Projects
Developers working on Velo also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | 0 |
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Active Reddit Users (past 24h) | 0 |
Discord users | |
Active Discord Users | |
Telegram Users | 88,306 |
Twitter followers | 85,713 |
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novascan.velo.org/token/0x9cC88479229f98319ABb27D6783D77D5AbF65568/token-transfers Official
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novascan.velo.org/token/0x9cC88479229f98319ABb27D6783D77D5AbF65568/token-transfers Official
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novascan.velo.org/token/0x9cC88479229f98319ABb27D6783D77D5AbF65568/token-transfers Official
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novascan.velo.org/token/0x9cC88479229f98319ABb27D6783D77D5AbF65568/token-transfers Official
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novascan.velo.org/token/0x9cC88479229f98319ABb27D6783D77D5AbF65568/token-transfers Official
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novascan.velo.org/token/0x9cC88479229f98319ABb27D6783D77D5AbF65568/token-transfers Official
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novascan.velo.org/token/0x9cC88479229f98319ABb27D6783D77D5AbF65568/token-transfers Official
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novascan.velo.org/token/0x9cC88479229f98319ABb27D6783D77D5AbF65568/token-transfers Official
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novascan.velo.org/token/0x9cC88479229f98319ABb27D6783D77D5AbF65568/token-transfers Official
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novascan.velo.org/token/0x9cC88479229f98319ABb27D6783D77D5AbF65568/token-transfers Official
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novascan.velo.org/token/0x9cC88479229f98319ABb27D6783D77D5AbF65568/token-transfers Official
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velo.org/product/warp Official
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velo.org/product/warp Official
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velo.org/product/warp Official
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velo.org/product/warp Official
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velo.org/product/warp Official
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velo.org/product/warp Official
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velo.org/product/warp Official
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velo.org/product/warp Official
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velo.org/product/warp Official
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velo.org/product/warp Official
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velo.org/product/warp Official
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ambcrypto.com/is-velo-the-xrp-of-south-east-asia-long-way-to-go-but/
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ambcrypto.com/is-velo-the-xrp-of-south-east-asia-long-way-to-go-but/
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://velo.org/ |
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Explorer | https://stellar.expert/explorer/public/asset/VELO-... |
@veloprotocol |
What is the correct contract address for Velo?
Stellar | GDM4RQUQQUVSKQA7S6EM7XBZP3FCGH4Q7CL6TABQ7B2BEJ5ERARM2M5M |
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Binance-smart-chain | 0xf486ad071f3bee968384d2e39e2d8af0fcf6fd46 |
Has Velo been audited for security?
No security audits found for this project.
Are you the owner of Velo? Edit it here
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