Autofarm Integrates with EVM chain, Velas!

Viva la Velas! Autofarm is excited to announce our newest integration with EVM chain, Velas. EVM chains have recently been the talk of town with the recent boom of Cronos and Boba Network tapping into the crypto arena.

As with Autofarm’s mission to be completely chain-agnostic, we are thrilled to be bringing users a brand new chain to start optimising their yield on!

About Velas

Velas is a hybrid chain combining the best of Solana’s scalability, performance & low fees and Ethereum’s composability via its EVM compatibility. This allows anyone to build on Velas using Ethereum’s native coding language, Solidity.

Already, Velas has a marketcap of over USD $580 million and announced a $100m grants program to boost ecosystem growth! It’s first DEX, WagyuSwap, aims to be the fastest exchange in the world. Now users can auto-compound their yields from WagyuSwap liquidity pools right here on Autofarm!

New Vaults

8 new vaults from Wagyuswap

• WAG
• WVLX-WAG
• WVLX-BUSD
• WVLX-ETH
• WVLX-USDC
• WVLX-USDT
• WVLX-SCAR
• WVLX-BITORB

To get started on Velas, visit our guides on how to bridge assets over to the newest EVM blockchain.

Vault Fee Structure

• Controller Fee: 0.4%
• Platform Fee: 0.5%
• Vault Fee (Revenue shared with BSC single $AUTO vault): 2.5%
• Deposit Fee: <0.1% on initial capital (One-off)
• Withdrawal Fee: 0.0%

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