Velas

🚀 More than just an update, Velas 2.0 redefines and solves some of today’s biggest challenges in the crypto industry. 🔥 Stay tuned for more updates! 👀 $VLX #Velas #Web3

👋Hello Velas community! As we announced earlier, the FrostFire landing page is now live: frostfirewallet.com We’re also sharing a demo video so you can take a look at some of the available features, such as swapping and staking @Solana $SOL and @VelasBlockchain $VLX

⚡️We have several announcements to share for Velas, starting with a new wallet called FrostFire, which will let you make cross-chain swaps and will also support @Solana staking. More updates are just around the corner. Turn on notifications so you don’t miss anything 🔔

Big progress on developing subnets and Velas 2.0! 🔥

#Velas Update: 1. Last week, in collaboration with @AccumulatedFi, we allocated 1 million $VLX tokens, which will be distributed among $stVLX stakers. 2. Two weeks ago, we released a devnet update introducing key enhancements: Support for hosting subchains with an updated configuration (semi-compatible with geth init). Improved program instructions for subchain management. A dynamic mint/burn token mechanism within subchains, enabled through a specialized system contract. 3. Next week, we plan to release another devnet update, which will: Enable the exploration of internal transactions within the blockchain explorer. Refine and polish the documentation (already available at Velas Docs). docs.velas.com/evm/subchain).

🔥 An additional 1,000,000 $VLX in liquid staking rewards will be distributed to $stVLX stakers over the next 4.5 months, from January 30 to June 19. Stake $VLX on @AccumulatedFi: ➡️ accumulated.finance/stake/vlx

Follow 🚀 icon on @AccumulatedFi to find boosted APR and special liquid staking campaigns 👀 $VLX $ART

We're excited to announce the upgrade of $VLX LST to its latest and most advanced version 🫡 This update introduces several key features, including: ⬆️ direct withdrawals (with instant processing when available) ✅ withdrawal status tracking through NFT avatars 💪 a range of smaller enhancements for an improved user experience Stakers on @VelasBlockchain can now stake unlimited $VLX on @AccumulatedFi without worrying about stableswap pool liquidity, while arbitrageurs are encouraged to help rebalance the @WagyuSwap_app pool 🔥 Stake here: ➡️ accumulated.finance/stake/vlx

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We have over 300 projects who signed up for subchain devnet on velas 2.0 Very excited to help all here we go :)

By following these steps, you’ll have a fully operational custom chain running on Velas infrastructure, with connectivity, functionality, and transparency for users. 🌎

6. Launch a Blockchain Explorer: Set up a blockchain explorer 🔍, such as #Blockscout, to allow users to track transactions and network activity on your chain.

🚀 Here’s a breakdown of the steps to get started with deploying a custom chain on #Velas Keep reading! 👇

Next step in evm evolution is here. Had to put my head down with skeleton crew and once again prove its the quality not quantity of good and talented people that gets results. Proud to unveil this :)

Massive upgrade to velas EVM, new stage in l2 evolution is here. Velas 2.0 is here go to velas.com and apply to the first project to try it. More technical details to follow.