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Home All Events - Ape O'Clock Vela Exchange Base Launch

Date

Sep 05 2023
Expired!

TimeUTC

2:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Sep 05 2023
  • Time: 10:00 am

Status

Active

Vela Exchange Base Launch

Vela Exchange, a decentralized perps exchange, is expanding to Base. Minting begins September 5, while trading open September 6.

DETAILS
  • Launch Schedule
    • Sept 5, 2pm UTC – VLP minting begins
    • Sept 6, 2pm UTC – trading opens
      • Weekly rewards are available on Arbitum & Base for trading volume
  • New Mechanics
    • 0.05% minting and 0.15% redemption fee
    • Max staking mechanic
    • minProfitDuration, maxCloseProfit, and maxCloseProfitPercentage introduced to limit market manipulation
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