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What is Velvet Capital
Velvet Capital is a DeFi management protocol designed to assist in portfolio creation and diversification.
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Velvet Capital

Steps:

  1. Go to the platform and connect to the BNB network.

  2. Choose pools according to your preferences (using stablecoins logically as the safest option).

  3. Deposit a certain amount into the pool, and in return, receive a pool token that can be added to MetaMask.

  4. The drop amount will depend on the deposit, holding time, and how frequently you use the platform.


Note: Typically, users create all pools, so before depositing, carefully examine the pool composition and fees! Pool creators may charge for entry, exit, management, etc. Fortunately, there are plenty of pools without fees. Creating your own pool might also be a smart idea for engagement.

Guide For Potential Velvet Capital Airdrop



What Is Velvet Capital?


Velvet Capital is a DeFi management protocol designed to assist in portfolio creation and diversification. In essence, the project offers pre-made portfolios and indices, which isn't groundbreaking on a global scale, but the hype around such platforms with investment from Binance is yet to be seen.



What About Investors?


The lead investor is Binance Labs. For more detailed information on fundraising, please, check Crypto Fundrusing. The investment amounts are not disclosed.



What About Airdrop?


Currently, we have the opportunity to utilize their platform, positioning ourselves for future VLVT tokens. A noteworthy aspect is the allocation of 5% for the Airdrop from the total supply, as outlined in documentation. The Total Value Locked (TVL) is currently around $1 million, with fewer than 3,000 users.




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