VELO single staking migration

Date: 24 November 2021

The Velo team has recently announced a change to the $VELO BSC tokens as they want to include an 18 decimal variable while the previously launched version only has 5 digits. You can read more of the announcement through this LINK.

The VELO team will airdrop the new $VELO BSC tokens to token holders. If you have not received the tokens, please contact support@velo.org to proceed with Airdrop.

As a result of this change, we will be opening a new VELO single staking farm for the new VELO format and switch off the rewards for the previous VELO single staking farm. What the VELO LP holders will need to do are:

  1. Make sure new $VELO BSC tokens are in your Metamask wallet (contact support@velo.org if you did not receive the airdrop)

  2. Stake your new $VELO BSC tokens in the new VELO single staking farm

  3. After the reward stops on the old VELO farm, LP holders can claim the EVRY reward

  4. Un-stake the old $VELO BSC tokens and send to Velo team to burn

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