Velas FlashLight #17 —The first DEX on Velas Chain and BitOrbit IDO ready to launch

The 17th summary of everything that has happened with Velas these past few weeks!

6 min readOct 29, 2021

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What is Velas FlashLight?

It’s all in the name — the latest and greatest news behind Velas across the globe, broken down into fast, digestible bites (Flash) illuminating the hard work our team has delivered in the past few weeks or so (Light).

Velas FlashLight is a bi-weekly roundup of Velas in the news and across social media, from videos and mentions from your favorite YouTubers and Twitter influencers, to waves Velas is making in traditional media and articles. All in one place.

WagyuSwap coming on November 1th, the first DEX on Velas Chain

WagyuSwap will be the world’s fastest, cheapest DEX thanks to leveraging the Velas technology stack. Moreover, the DEX will feature low fees, cross-chain compatibility, high-APY staking, competitive yield farming and a lottery solution to reward long-term users.

WagyuSwap is 3X faster than PancakeSwap and over 20X faster than Uniswap, completing transactions at lightning speed!

BitOrbit IDO is just around the corner!

The first social media platform on the Velas chain — The official launch date of the BitOrbit IDO is on the 2nd of November, 2021. We are changing the world of centralised social media & you can be a part of it. Capitalise on massive, industry-wide disruption.

###VELASPAD IDO###

🚀 IDO Date: Tuesday — November 2nd

💰 Initial Marketcap: $161K

👉 Whitelist: https://app.viralsweep.com/sweeps/full/caf84c-98231?framed=1

🌐 BitOrbit Official Links:

▪️Website: www.bitorbit.com
▪️Telegram: https://t.me/Bitorbit_Official
▪️Telegram Ann: https://t.me/BitOrbitAnnouncements
▪️Twitter: twitter.com/bitorbitapp

Velhalla, The First Metaverse on Velas Chain

Velas is proud to welcome Velhalla to our ecosystem — a crypto-metaverse experience in an entirely new way; an NFT world you can control, influence, earn with, and more .

More info: https://velhalla.io/

Single-sided liquidity is now LIVE for Velas $VLX on Bancor Network

Now you can add $VLX liquidity without any other token added — no need for USDT, ETH, BNB or anything else, just use your Velas coins! Say ‘bye, bye’ to illiquid loss 👋

Add $VLX liquidity now and start earning: https://bancor.network

CryptoBrewMaster is joining the Velas Grant Program

The beer-brewing crypto game is joining the Velas ecosystem as a grant recipient, and will be supported by the Velas dev team, marketing, and more.

Read all about the partnership here👇
https://velasblockchain.medium.com/cryptobrewmaster-partners-with-velas-joins-velas-grant-program-5a4a1c48f5

Velas featured on Cointelegraph

The Velas ecosystem is growing and expanding at an unprecedented pace, read this article to learn is next for the next-generation blockchain that has come to stay.

Velas' first DEX is now live - With 40 more projects incoming

Velas' technology now enables transaction throughputs of up to 75,000 transactions per second. The team has also…

bit.ly

Swiss Blockchain Hackathon

As the Official Protocol Partner of the Swiss Blockchain Hackathon, we’re excited to be supporting the future of blockchain technologies and development. Don’t miss out: sbhack.trustsquare.ch

Read here the full announcement.

Crypto Valley Conference

Crypto Valley Conference is taking place on 28th — 29th October 2021 in Rotkreuz, Switzerland 🇨🇭

The 4th edition of the Crypto Valley Conference is coming up with two days of in-depth discussions on the current state and future of blockchain technology.