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Velocore is one of the most efficient decentralized exchanges (DEX) available on Linea. It is designed to empower users by enabling them to provide liquidity and earn rewards across various liquidity pool pairs, including USDC, USDTVLC, ETH, LVC, and more. By utilizing cross-chain bridge technology, Velocore facilitates seamless liquidity provision across multiple blockchains, making it a prime opportunity for crypto enthusiasts to boost their yields.
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Router’s Cross-Chain Liquidity Velocore Adapter: Simplifying After the successful launch of our Router Intent Adapter Store, we are excited to introduce our first adapter built using Router’s Intent Adapter Library — Velocore! Velocore is one of the most efficient decentralized exchanges (DEX) available on Linea. It is designed to empower users by enabling them to provide liquidity and earn rewards across various liquidity pool pairs, including USDC, USDTVLC, ETH, LVC, and more. By utilizing cross-chain bridge technology, Velocore facilitates seamless liquidity provision across multiple blockchains, making it a prime opportunity for crypto enthusiasts to boost their yields. Before we dive into the details of our new Velocore Adapter and its unique benefits, let’s take a closer look at Linea Surge, an ongoing campaign aimed at increasing Total Value Locked (TVL) within the Linea ecosystem. When you deposit liquidity on Velocore, you’ll earn LXP-L tokens. These LP tokens can be staked to earn $LVC emissions. This process is an excellent example of how chain abstraction technologies are changing the way liquidity is managed across different networks. Learn more about the campaign here: Linea Surge Campaign. User Journey: The Current Process on Velocore and Its Challenges Let’s consider a scenario where a user holds funds on Arbitrum or Polygon and wishes to provide liquidity on Velocore. The user will need to transfer their funds to Linea using a cross-chain bridge. If they choose a liquidity pool like USDC/DAI, they must convert their
transferred asset (e.g., USDT) into the required tokens (USDC and DAI) and perform multiple swaps through a DEX. This process involves not only high gas fees but also multiple steps, approvals, and decisions that complicate the user experience. Additionally, users will need to ensure they have ETH for gas fees on Linea, which might require them to bridge ETH from Polygon or other networks. This added complexity and the need for a deep understanding of cross-chain swap testnet make the process cumbersome for most users. Once the liquidity pool is created, users can start contributing and earning rewards. However, the entire process is time-consuming, expensive, and requires significant effort. This is where the Velocore Adapter comes in as a solution. The Solution: Introducing Velocore Adapter Here’s the good news: Velocore Adapter makes all of this complexity disappear. You can now use the Router’s Velocore Adapter to streamline liquidity provisioning. The Velocore Adapter is now available as part of the Router Intent Adapter Store. The adapter simplifies the process by handling everything in a single step. Simply select your liquidity pair, and the adapter takes care of the rest. There is no need to bridge funds, no need for multiple swaps, and no need to worry about high gas fees. By leveraging chain abstraction, Velocore Adapter makes the entire process seamless.You can originate from any blockchain, hold any cryptocurrency, and choose your preferred liquidity pair. Whether you are using USDC <> LVC or any other pair, the adapter automatically manages the necessary actions across blockchains. Explore the Velocore Adapter proof-of-concept here: Velocore Adapter. How We Made It Simple With the Velocore Adapter, we’ve streamlined the liquidity process by batching all necessary actions together, including cross-chain swap. By using Router’s cross-chain bridge technology and chain abstraction, we’ve eliminated the need for users to handle the complexities of cross-chain liquidity manually. The Router Coin helps ensure that all transactions are optimized for efficiency and low costs. Adapters like Velocore act as intermediaries that automatically interpret and execute user commands across multiple blockchain protocols. With cross-chain bridge capabilities, users can seamlessly interact with liquidity pools, earn rewards, and stake tokens, all without worrying about the technical intricacies involved in DeFi processes. Experience the Future of Cross-Chain DeFi The Velocore Adapter is a game-changer for powering cross-chain liquidity provisioning. By leveraging cross-chain swap testnets and chain abstraction technology, Velocore simplifies the entire process of providing liquidity and earning rewards. Whether you are a beginner or an
experienced DeFi user, the Router’s Velocore Adapter empowers you to engage with DeFi seamlessly and efficiently. We invite you to explore Velocore and experience the future of decentralized finance. Join us on this journey as we continue to make DeFi accessible and easy for everyone, powered by Router’s innovative cross-chain technology. Ready to simplify your DeFi journey? Try the Velocore Adapter today and witness the true power of cross-chain liquidity in action.