Velas Flashlight #34 — New AMM lands on Velas powered by partnership with Multichain while preparing the lift-off to the ISS

4 min readNov 10, 2022

34th edition of everything that has happened with Velas over these past few weeks

What is Velas FlashLight?

It’s all in the name — Velas FlashLight is the latest and greatest news behind Velas across the globe broken down into fast, digestible bites to highlight the hard work the Velas team has delivered over the past few weeks.

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

Velas Powered by SpaceChain is Scaling — Extra-Terrestrial Blockchain is Going to the ISS

Thanks to SpaceChain, the Velas team continues to work on pushing the boundaries of decentralization literally out of this world.

A blockchain network operating from 🛰 above the planet opens prospects for all crypto enthusiasts.

Velas partners with Multichain to push its DeFi ecosystem to a whole new level

This partnership improves bridge liquidity for Velas and supports Wavelength with features like cross chain bridges, liquidity pools, and swaps.

We are pleased to announce the upcoming launch of Wavelength

The first AMM in a suite of new-generation DeFi protocols built on Velas. Audited by Chainsulting, a well-known company in Web3 cybersecurity, Wavelength is a next-generation AMM (Automated Market Maker) on the Velas Network, built on BalancerV2’s ingenious system.

Wavelength allows for low-slippage trading through highly efficient customizable liquidity pools aimed at revolutionizing Defi on Velas and modernizing the ecosystem.

Try now: https://www.wavelength.exchange/

Li.Fi is now part of the Velas ecosystem through our grant program

Li.Fi is a developer solution providing an advanced bridge aggregation with DEX connectivity.

More information: https://li.fi/sdk/

Web Summit afterparty by Velas in Lisbon 🇵🇹

The meetup took place at Mensagem, a fantastic rooftop restaurant. Event attendees enjoyed fine food and beverages while discussing various crypto topics with like-minded people.