Vee.Finance on HECO: Launch Schedule, Liquidity Mining, and More!
We are proud to announce that Vee.Finance will be live on HECO Chain on January 17, 2022. This strategic integration will bring Vee Finance’s strengths to the HECO Ecosystem and bring many new users and new liquidity to our protocol.
Vee.Finance on HECO
Users can supply & borrow $BTC, $ETH, $USDT & $HT in Crypto Sector or $HUSD & $USDT in Stablecoin Sector and we will also support HT-VEE LP pools. More assets will be added based on the demand of our community. Stay tuned for our updates!
VEE liquidity mining starts at the same time. The details of VEE mining on HECO are as follows:
According to the community’s suggestion, Vee.Finance will launch stake VEE to receive mining acceleration on HECO, gaining up to 5X of the reward.
Crypto Sector
BTC: 30%
ETH: 10%
USDT: 10%
HT: 10%
Stablecoin Sector
HUSD: 20%
USDT: 20%
What’s coming next
The integration of HECO on Vee.Finance is an update meant to increase our TVL as well as the number of users. This is only the beginning of deploying the full ecology of Vee.Finance. We aim to continue development to improve asset utilization for the benefit of users and token holders. More functionality and features will continue to be added to the protocol.
Deploy on more public chains. Vee.Finance will gradually expand its support for more public chains like BSC, Terra, Solana, and Polygon to add asset trading categories and scale according to the needs of our community.
Derivatives trading. Vee.Finance will integrate decentralized derivatives trading platforms to meet the more diverse and complex financial needs of users.
Develop cross-chain lending that enables the interaction of liquidity pools on different chains as well as support more tokens.
As always, we appreciate your support! Stay tuned for more exciting updates and developments.
About HECO
HECO Chain (Heco) is a decentralized, high-efficiency and energy-saving public chain. It is compatible with smart contracts and supports high- performance transactions. The endogenous token of Heco is HT and it adopts the HPoS consensus mechanism. Heco will continue to improve the efficiency of Ethereum by Layer2, which will supplement and empower the Ethereum ecosystem.
About Vee.Finance
Vee.Finance is a DeFi lending platform for traditional financial and crypto users. We are committed to bridging the gap between traditional finance and DeFi and providing users with better digital asset management services. Our mission is to reduce barriers for traditional users to participate in DeFi and optimize the efficiency of global asset allocation.
