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Develop DeFi projects on Velas

Create DeFi solutions that secure and streamline finance via the fastest blockchain powers.

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DeFi: Financial Management With Velas

Finances are an integral part of any person’s life. In the niche of finance, a stable place was occupied by centralized banking institutions. But what if Internet users have the ability to lend, borrow and go to the bank without intermediaries thanks to decentralized solutions? Today we will talk about the DeFi blockchain as well as the best blockchain for DeFi - Velas. DeFi is a financial instrument in the form of services and applications built on the blockchain. The main task of decentralized finance is to become an alternative to the banking sector and replace the traditional technologies of the current financial system with open source protocols. That is open access to decentralized lending and new investment platforms for a large number of people. And allow them to receive passive income from cryptocurrency assets, as well as save on fees for transfers, loans, and deposits. DeFi has several key features: First, DeFi is “open”, which means you can use DApps by creating a wallet – often without showing any identifying information like name and address. This is theoretically (if not technologically) easier than having a bank account. Secondly, you can move funds almost instantly using the blockchain, so there is no need to wait for the bank transfer to complete. Finally, DeFi applications work together as one mechanism. This “compositionality” allows any user to create, modify, mix and match, link, or build on top of any existing DeFi product without permission. Now let’s see why Velas is the best blockchain for DeFi development. Velas is a blockchain with a hybrid Proof-of-Stake and Proof-of-History consensus algorithm. It is also eBPF and EVM-compatible, meaning developers can write smart contracts in C, Rust, and Solidity, as well as integrate Ethereum projects with minimal rework. The main advantage of Velas is speed - the number of transactions that the network can process per second (Transactions Per Second, TPS). The blockchain throughput exceeds 50,000 transactions per second. It depends on the infrastructure of ISPs and in theory, can reach 700,000 TPS. And network transaction fees do not exceed $0.000001. This indicator is affected by: Time of creating a new block - the frequency of adding transactions to the blockchain. Finalization - the number of blocks after which the probability of canceling a transaction due to a fork drops to zero. Synchronization - the time during which most nodes receive information about the transaction and recognize it as completed. Velas is a very reliable and fast blockchain that allows you to create DeFi solutions. The decentralization of such financial platforms allows people to manage their finances and still remain anonymous and not worry about security.

Discover DeFi

Public nature. DeFi only requires you to create a wallet to start indulging in services.

Pseudonymous. No name, email, or other personal details are necessary to employ DeFi services.

Versatile. Manage assets conveniently, moving them to any place at any time without asking for anybody’s permission.

Fast. It takes as much as 15 seconds to update interest rates and service rewards in a well-powered DeFi system.

Why build on Velas?

Velas is the fastest EVM blockchain ever, handling 50,000+ TPS at the lowest fees. The team behind Velas has taken care of relevant environmental and ecological needs by integrating an innovative hybrid consensus of Delegated Proof-of-Stake (DPoS) with Proof-of-History (PoH).

$0.00001

Transaction Fee:

1,2 second

Transaction Finality:

50 000+

Transactions per second

Transaction Throughput:

Up to 75 000 TPS

Transaction Fee:

$0.00001

Transaction Finality:

1.2 sec

Transaction Throughput:

~1000-5000 TPS

Transaction Fee:

~$6

Transaction Finality:

6 mins (32 blocks)

Transaction Throughput:

~160 TPS

Transaction Fee:

$0.15

Transaction Finality:

75 sec

Transaction Throughput:

Up to 7 000 TPS

Transaction Fee:

~$0.000169

Transaction Finality:

30 mins to 1.5+ hours

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Power your DeFi with Velas

Discover how Velas helps developers and founders to build DeFi projects.

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Build

Get access to a single ecosystem that collects the powers and capacities of the fastest EVM blockchain, and start building DeFi solutions based on Velas instantly.

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Hodl

Readily provide token hodling abilities, including wallet creation, user balance management, and stats integration in terms of your DeFi solutions.

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Staking

Employ the combination of DPoS (Delegated Proof-of-Stake) and PoH (Proof-of-History) at the core of the Velas blockchain to enable staking features for your users.

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Swap

Thanks to Velas blockchain, developers can build new exchanges or release the ability to swap tokens within their existing DeFi project. The cheapest transaction cost makes Velas one of the most influential blockchains on the market.

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Pay, send & receive

Enable your DeFi users to employ the most rapid transactions out there, with the 50,000+ TPS throughput.

Tutorials

Discover tutorials that help to start building ready-to-go projects on Velas in a few clicks

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Add Velas ($VLX) token to your exchange or wallet

You may easily add Velas ($VLX) token to your DEX using our documentation portal. If you are stuck, use the 'get help' button.

DeFi projects powered by Velas

Explore the scale and range of capacities Velas provides for various DeFi projects.

Discover All DeFis

All tokens on Wagyu Swap happen through interactions between our decentralized exchange and your wallet.

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Simplex by Nuvei is the industry leader, providing global on/off ramps to the entire crypto ecosystem.

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Non-custodial, multi-chain wallet and blockchain infrastructure provider for the decentralised ecosystem, governed by the community via $SAFLE

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Wavelength is the most advanced Automated Market Maker (AMM) on Velas Blockchain.

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AI Profit-Generating Tool for Crypto Investor

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Join Velas developer community

Join the community of developers and engineers to share your ideas, get help, and start developing without limits

Telegram

Ask general questions and chat with the community

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Ask technical questions on the Discord developer community

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Reddit

Discuss random topics on our Reddit

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More benefits from Velas

Stay ahead of the curve with the latest news from Velas team and community

Velas Grants Program

Kickstart your project with the Velas grant program to reach new levels.

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Velas Hackathons

Join Velas hackathons to elaborate the best project ideas together and get funded.

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Velas Incubator SOON

Join Velas Incubator to connect with professional mentors, partners, investors, and founders across the Velas ecosystem.

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Suggest or invite a startup

Do you know founders or startups that make a great fit for the Velas ecosystem? Help us out and invite them!

DeFi: Financial Management With Velas

Finances are an integral part of any person’s life. In the niche of finance, a stable place was occupied by centralized banking institutions. But what if Internet users have the ability to lend, borrow and go to the bank without intermediaries thanks to decentralized solutions? Today we will talk about the DeFi blockchain as well as the best blockchain for DeFi - Velas. DeFi is a financial instrument in the form of services and applications built on the blockchain. The main task of decentralized finance is to become an alternative to the banking sector and replace the traditional technologies of the current financial system with open source protocols. That is open access to decentralized lending and new investment platforms for a large number of people. And allow them to receive passive income from cryptocurrency assets, as well as save on fees for transfers, loans, and deposits. DeFi has several key features: First, DeFi is “open”, which means you can use DApps by creating a wallet – often without showing any identifying information like name and address. This is theoretically (if not technologically) easier than having a bank account. Secondly, you can move funds almost instantly using the blockchain, so there is no need to wait for the bank transfer to complete. Finally, DeFi applications work together as one mechanism. This “compositionality” allows any user to create, modify, mix and match, link, or build on top of any existing DeFi product without permission. Now let’s see why Velas is the best blockchain for DeFi development. Velas is a blockchain with a hybrid Proof-of-Stake and Proof-of-History consensus algorithm. It is also eBPF and EVM-compatible, meaning developers can write smart contracts in C, Rust, and Solidity, as well as integrate Ethereum projects with minimal rework. The main advantage of Velas is speed - the number of transactions that the network can process per second (Transactions Per Second, TPS). The blockchain throughput exceeds 50,000 transactions per second. It depends on the infrastructure of ISPs and in theory, can reach 700,000 TPS. And network transaction fees do not exceed $0.000001. This indicator is affected by: Time of creating a new block - the frequency of adding transactions to the blockchain. Finalization - the number of blocks after which the probability of canceling a transaction due to a fork drops to zero. Synchronization - the time during which most nodes receive information about the transaction and recognize it as completed. Velas is a very reliable and fast blockchain that allows you to create DeFi solutions. The decentralization of such financial platforms allows people to manage their finances and still remain anonymous and not worry about security.

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