What is the role of Wavelength in the DeFi ecosystem of Velas?

What is the role of Wavelength in the DeFi ecosystem of Velas?

As a leader in the rebirth of the DeFi ecosystem, Wavelength has been designed and built to be the liquidity-hub of the Velas blockchain. Indeed, Wavelength will act as the core piece benefiting both users and developers.

On one hand users enjoy a variety of products such as, AMM trading with maximum liquidity, low slippage, and an array of liquidity provision opportunities. On the other hand, developer teams can leverage our pools to build protocols such as Liquidity Mining, Lending and Borrowing, Yield Aggregators, etc.

Wavelength will also be supporting teams building on Velas, by potentially allocating emissions to the upcoming protocols. These efforts are aimed at promoting and accelerating the growth of Velas’ DeFi ecosystem.