VELO Token Locking Metrics Show Strong Community Commitment

Approximately 54% of VELO's total supply remains locked by holders, demonstrating sustained confidence in the protocol.​

Key Statistics:

• Average lock duration: 3.​61 years
• 89% of locks are set to auto-max
• Over 14,000 veVELO holders participating
• $73M+ in voter rewards distributed to date

The locking mechanism allows VELO holders to earn voting power and rewards while committing their tokens for extended periods.​

Euler Finance has officially launched on Monad, marking a significant expansion for the lending protocol.​

Key Launch Details:

• 690K $MON token incentives available
• Support for USDC, USDT, and AUSD markets
• All markets governed by Euler-DAO
• Risk management provided by Gauntlet and Objective DeFi

Technical Features:

• Each asset isolated at vault level
• Local loan-to-value ratios and caps
• Built-in looping limits for enhanced security

Background Context: This follows Euler's previous expansions to Arbitrum and Base, where they introduced innovative features like one-click looping strategies and EulerEarn passive yield vaults.​

The Monad integration represents Euler's continued growth across multiple blockchain networks, bringing their non-custodial lending infrastructure to new ecosystems.​

Explore Euler on Monad

Pheasant Network launched v4.​24.​0 with a major transparency update - their app site now displays the upcoming roadmap and features currently in development.​

This gives users a clearer view of where the cross-chain bridge protocol is headed.​ The update builds on recent frontend improvements from v4.​22.​0.​

Key developments this month include:

• Claiming page in development (combines token distribution + Pheasant Points)
• Biweekly Swap Quest offering +450 points for ETH/USDC/USDT swaps
• Continued frontend refactoring for better performance

The roadmap transparency marks a shift toward more open development communication for the optimistic bridge protocol.​

View full roadmap details