Safle partners with Velas and joins Velas Grant Program
Velas is proud to announce another project that expands the blockchain ecosystem. Safle becomes a part of the Velas Grant Program. This cooperation contributes to the Velas ecosystem and adds another project that helps users to buy, sell and store various tokens based on the Velas blockchain.
What is the partnership about?
The main idea of the cooperation between the two projects is to enable the Velas blockchain users to benefit from all strengths of the Safle Wallet. When it comes to developers, they will benefit from building on Velas blockchain as it is integrated into Safle Vault, SafleID, and Keyless.
This partnership will have the following benefits to the Velas community:
- Users can generate a SafleID using the Velas blockchain. It will be directly connected to the SafleID, which is deployed on the Polygon network.
- Users will have the opportunity to switch between the blockchain whatever app they use (mobile, web applications, or browser extensions).
- Keyless transactions will increase the interest in various blockchain dApps.
- When it comes to developers, they can benefit from various tools to create more attractive decentralized applications. Additionally, software developers will access multiple services, including inter blockchain swaps, on-ramp, and others.
Velas welcomes new teams
Velas Network has launched a special Grant Program. The main idea of this program is to support developers and projects with funds that will, in turn, expand the Velas ecosystem with their products. The total amount of the Grant Program is $100 million.
To be eligible for this campaign, projects should provide the Velas team with the idea, roadmap, and vision on how the dApp will contribute to expanding the Velas ecosystem.
Safle is receiving tech support from Velas dev team through a grant program sponsoring Velas accounts integration and further SafleID enabling contract development for its community.
About Safle
This is a non-custodial identity wallet, allowing users to securely manage private keys and have a seamless experience when using decentralized applications, non-fungible tokens (NFTs), and DeFi tools. Safle clients can store tokens as well as conduct any type of transaction with them. Users can benefit from various versions of the wallet, including web, smartphone/tablet applications as well as a browser extension.
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About Velas
Velas is a new blockchain using cutting-edge technologies to solve all current distributed ledger networks issues. The platform provides users with various solutions to conduct fast and cost-effective transactions within the network.
Velas uses Solana code in combination with Ethereum Virtual Machine. Considering all the bottlenecks that blockchains have nowadays, the team brought some innovations, which contributed to the higher network speed and increased scalability. Moreover, the EVM allows developers to deploy any Ethereum-based projects on Velas easily and in the shortest possible time.
And last but not least, the Velas blockchain provides developers with all the necessary tools to create dApps of all kinds, from DeFi to gaming and even NFTs.
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