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Velvet Capital (VLVT)

Velvet Capital is a next-generation DeFi Operating System that helps professional asset managers launch on-chain funds & structured products.

Investment by Binance Labs: Details

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Overview

Project industryTrading & Investing
Product typeDeFi
WhitepaperVelvet Capital White Paper Open

What is Velvet Capital

Velvet Capital makes DeFi sleeker and safer by helping users invest into tokenized portfolios automatically. It supports assets across different projects and ecosystems to ensure a broader exposure, while allowing users to earn additional yield. Its core features include:

  • A streamlined experience for users to invest in tokenized Web3 index funds, portfolios, and other financial products with privacy protection.
  • A cross-chain asset management protocol that supports the creation of a single strategy or portfolio across multiple chains.
  • “DeFi-as-a-Service” (DaaS) for institutions, which can use the protocol to create their own funds, strategies and other financial products.

Details

Token supply: 1,000,000,000 VLVT

Legal

Registration year: 2022

Token info

Ticker: VLVT, veVLVT
Type: Utility-token
Accepted currencies: The Airdrop and Staking Rewards - 5%
The Growth Fund - 5%
The Ecosystem Fund - 25%
The DAO Treasury - 20%
The Liquidity Pool - 5%
The Core Team - 20%
The Initial Backers - 20%

Velvet Capital Roadmap

1
2022
  • Trading module integrated with DEXes (PancakeSwap)
  • Portfolio creation and redemption mechanism
  • Vault module integrated with Gnosis Safe
  • First prototype with test portfolios
  • Dynamic price module
  • Integration with yield farming solutions (Venus Protocol)
  • Rebalancing module
  • Upgraded UI/UX
  • Integration with MagicLink for wallet creation
  • Fee module
  • Test cases & security audit preparation
  • Prototypes on Polygon, Cronos, Optimism, Gnosis Chain, Aurora and other EVMs
  • Algorithmic portfolio rebalancing integration
  • Security audit (by Peckshield & Shellboxes)
  • V1 mainnet launch on BNB Chain
  • Mobile UI (v1.1)
  • Custom portfolio constructor (back-end)
  • Performance tracking, charts and portfolio page (v1.1)
  • Integration with fiat-to-crypto gateways/aggregators (v1.1)
  • Customizable strategy creation
  • Additional yield farming integrations
  • Automated portfolio management dashboard for asset managers
2
Q1 2023
  • Customizable fee module
  • Wallet & protocol whitelisting functionality
  • Vault optionality (non-custodial / multi-sig)
  • Integrations with 1inch, 0x and Paraswap for trading execution
  • Integrations with Beefy, Alpaca, Wombat, Biswap, Pancakeswap & other yield farming options
  • Detailed tokenomics
  • Velvet Founders Club NFT Launch
3
Q2 2023
  • Contract upgradability logic
  • Fee module extension with management, perfomance & entry/exit fees
  • Smart rebalancing optimization with 0x
  • Advanced slippage controllers
  • Yield farming rewards claim functionality
  • Vault settings change with a cool-down period
  • Institutional pilots
  • V2 mainnet beta-testing
  • First security audit for V2 (Peckshield)
4
Q3 2023
  • Product pilots with 74+ professional clients
  • Real-time security monitoring set-up (Forta & OpenZeppelin Defender)
  • Second security audit for V2
  • V2 release on BNB Chain
  • Private RPCs set-up for MEV protection
  • Deploying and testing on Arbitrum
  • Testing infrastructure & on-chain alerts set-up with Tenderly
5
Q4 2023 & Beyond
  • Fund management API for strategy automation
  • TWAP, Limit orders, Fusion & other execution upgrades
  • Derivatives, borrowing, and other DeFi integrations
  • Omni-chain asset management capabilities
  • Rebalancing and portfolio creation process enhancement
  • Deploying and testing on other EVM-compatible chains
  • Security audit for V3
  • V3 release with DAO Governance mechanism
  • Privacy capabilities

Project team

Vasily Nikonov
Vasily Nikonov
Founder & CEO
Vasily Nikonov linkedin
Ankit Raj
Ankit Raj
Chief Technology Officer
Ankit Raj linkedin
Brendan Nestor
Brendan Nestor
Head of Growth
Brendan Nestor linkedin
Michael Hage
Michael Hage
Vice President of Business Development
Michael Hage linkedin
Navina Lang
Navina Lang
Solidity Engineer
Navina Lang linkedin
Sagar Jethi
Sagar Jethi
Core team | Blockchain architect | Solidity Developer
Sagar Jethi linkedin
Akarsh Maurya
Akarsh Maurya
Blockchain Developer
Akarsh Maurya linkedin
Nikhil Sharma
Nikhil Sharma
Software Developer
Nikhil Sharma linkedin
Tushar Tapadia
Tushar Tapadia
Full Stack Blockchain Engineer
Tushar Tapadia linkedin
Omkar udhane
Omkar udhane
Full Stack Developer
Omkar udhane linkedin
Maralus Pangidoan
Maralus Pangidoan
Community Manager
Maralus Pangidoan linkedin
Noel Saavedra
Noel Saavedra
Community Manager
Noel Saavedra linkedin
Felix Aikhuele
Felix Aikhuele
Community Manager
Felix Aikhuele linkedin
Mangesh Sonwane
Mangesh Sonwane
Web3 intern
Mangesh Sonwane linkedin

Advisors

Joseph Cirkiel
Joseph Cirkiel
Growth Consultant
Joseph Cirkiel linkedin
Jorge Fayola
Jorge Fayola
Marketing Ambassador
Jorge Fayola linkedin

Social media

Velvet Capital web-siteVelvet Capital MediumVelvet CapitalYouTubeVelvet Capital TelegramVelvet Capital LinkedInVelvet Capital X (Twitter)Velvet Capital FacebookVelvet Capital DiscordVelvet Capital Github

MVP

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