VELO officially launched on Gate Alpha

Gate Alpha has officially launched the cryptocurrency VELO (VELO), which is a blockchain project focused on digital credit and decentralized Settlement. VELO is dedicated to providing enterprises with cross-border payment and multi-currency Settlement solutions, and it has officially landed on the BNB Chain.

Basic Information of VELO

• Currency name: VELO
• Public Chain Platform: BNB Chain
• Contract Address: 0xf486ad071f3bee968384d2e39e2d8af0fcf6fd46
• Project Introduction: VELO aggregates liquidity, enabling digital payments and supporting multi-asset and multi-currency settlements.

What is Velo?

Velo is a blockchain-based financial protocol aimed at providing digital credit issuance mechanisms and borderless asset transfer solutions for enterprise users through a smart contract system. Its core mission is to establish a trustworthy decentralized Settlement network, allowing partners to transfer value between each other in a timely, transparent, and secure manner.

The initial application scenario of Velo focuses on the remittance and fund transfer market in Southeast Asia, and will expand to more regions in the Asia-Pacific and globally in the future. Its protocol system mainly consists of two major modules:

• Digital Credit Issuance Mechanism (DCR): Supports the creation of digital credit backed by collateral.
• Digital Reserve System (DSR): Ensuring the transparency and stability of the overall Settlement network.

These technologies together constitute the value transfer engine of Velo, assisting in achieving a frictionless cross-border payment experience.

How to participate in Gate Alpha’s VELO trading?

Users only need to enter the Gate APP, click on “Alpha Zone”, and search for “VELO” to participate in trading. First-time users entering Gate Alpha need to complete the innovative trading risk declaration and sign the relevant agreements as prompted by the platform.

Enter Gate Alpha to trade VELO now:https://www.gate.com/alpha/bsc-0xf486ad071f3bee968384d2e39e2d8af0fcf6fd46

Notes

1. Tokens on Gate Alpha have higher volatility and risk, so please participate cautiously after fully understanding the risks.
2. If VELO fails to continuously meet the listing standards of Gate Alpha, Gate shall have the right to decide on the suspension and delisting of its trading.
3. All currency information is contributed by the community. If there are errors, please contact customer service for correction.
4. Gate reserves the final interpretation right for matters related to activities and the platform.
5. This activity is not associated with Apple Inc.; users in the UK and other restricted areas may not be able to use all or part of the features, for details please see the “User Agreement.”

User Agreement:https://www.gate.com/legal/user-agreement