Velodrome announced that it will become the main liquidity hub of the OP super chain and expand to the Mode network first

According to news on March 27, Velodrome announced that it will evolve into the main liquidity hub of the OP super chain and expand to the Mode network first. In the coming months, Velodrome will expand its innovative AMM and Gauge technology to the Mode network, supporting its growth. This means that veVELO voters will be able to point VELO emissions to Gauge on Mode and earn rewards generated on the Mode pool. To support Velodrome’s growth on Mode, the Mode network has committed $1 million in voting incentives to increase ecosystem rewards. In addition, the Mode network has market-captured veVELO positions and will use this to vote to direct the emission of tokens to Mode trading pairs. Velodrome will work closely with Mode to both support the growth of existing protocols on Mode and attract new builders to the ecosystem. Velodrome will be Optimistic Superchain’s MetaDEX, making it simple to access and incentivize liquidity across the network.