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 IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
|
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.
DetailsToken supply: 1,000,000,000 VLVTLegalRegistration year: 2022 | Token infoTicker: VLVT, veVLVTType: 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
Founder & CEO
Ankit Raj
Chief Technology Officer
Brendan Nestor
Head of Growth
Michael Hage
Vice President of Business Development
Navina Lang
Solidity Engineer
Sagar Jethi
Core team | Blockchain architect | Solidity Developer
Akarsh Maurya
Blockchain Developer
Nikhil Sharma
Software Developer
Tushar Tapadia
Full Stack Blockchain Engineer
Omkar udhane
Full Stack Developer
Maralus Pangidoan
Community Manager
Noel Saavedra
Community Manager
Felix Aikhuele
Community Manager
Mangesh Sonwane
Web3 intern
Advisors
Joseph Cirkiel
Growth Consultant
Jorge Fayola
Marketing Ambassador