Velodrome announced that it will become the main liquidity hub of the OP super chain and expand to the Mode network first

Velodrome announced that it will evolve into the main liquidity hub for the OP Superchain, initially expanding to the Mode network. Over the next few months, Velodrome will extend its innovative AMM and Gauge technology to the Mode network, supporting its growth. This means that veVELO voters will be able to direct VELO emissions towards the Gauge on Mode and earn rewards generated on the Mode pool. To support Velodrome's growth on Mode, the Mode network has committed to providing $1 million in voting incentives to increase ecosystem rewards. In addition, the Mode network has acquired veVELO positions in the market and will use it to guide token emissions to Mode trading pairs. Velodrome will work closely with Mode to support the growth of existing protocols on Mode and attract new builders to join the ecosystem. Velodrome will become the MetaDEX of the Optimistic Superchain, making cross-network access and incentive liquidity simple.