It caught my eye during Kucoin hack, as one of the only shitcoins on Stellar, they also have Jeb onboard and a very powerful business network behind. They work their ass off and what they are proposing is not some over complex shit, a straightforward payment solution that can become the next level stablecoin factory. Imagine MakerDAO but on steroids, with real businesses that will adopt the protocol and stores that are ready to implement the payment system as soon as the chinks flick their fingers.
Best thing yet is that all those stores and clients, will ultimately have to go through Velo as a medium of exchange because:
>All payments will have to lock Velo tokens as collateral to issue and transfer the stableocoins through the protocol, effectively pumping the price with more usage.
If this doesn’t smell like early Link, then you retards are lost.
My stacks never felt so comfy, Velo has already attracted most of the Kucoin trapped volume around $0.6, so there won’t be any sellers left when the deposits are enabled.
Don’t bother user, people here love rug pulls, not real projects like Velo.
Isaac Ross
When is Kucoin going to enable deposits for BTC or USDT? There's no way to buy this right now.
Asher Ward
There is a workaround user, just buy some Ocean as deposits are open, it is trading below the price of Binance on Kucoin, dump it there and make a small profit, then buy Velo. Thank me later when this shir goes to $7.11.
Owen Jenkins
Too complicated. Won't bother
Cameron Roberts
>Gets into complex DeFi shitcoin farming, but can’t buy and sell some shitcoins for a real project.
NGMI
Adrian James
REEE
Bentley Thompson
Thx just bough 5k more, finally feels good to be able to add more to my comfy stack.
