Velvet is a DeFi ecosystem platform that integrates an AI trading assistant and asset management system, explaining how it provides users with a comprehensive solution for non-custodial, cross-chain trading and smart portfolio management, driving a new generation of financial experiences in Web3.
Velvet platform overview
Velvet combines AI trading assistants, portfolio management, and intent execution engines, allowing users to operate directly from their wallets without the need to custody funds on centralized platforms. It supports multiple public chains including Solana, Base, Ethereum, and BNB Chain, providing flexible management features for private and public investment funds, covering KOLs, DAOs, and various investment groups.
Core Function Highlights
Velvet uses natural language commands to control trading and portfolio adjustments. Its AI core, Velvet Unicorn (VU), possesses multi-agent self-learning capabilities, capable of analyzing technical indicators, social sentiment, and on-chain data, and automatically executing strategies based on the results, implementing AI strategies for user decision-making.
Token Economic Model
The Velvet ecosystem has two core tokens: $VELVET is used for governance, fee discounts, revenue distribution, and voting; $VU serves as fuel for the AI engine, with a portion of the tokens used for burning and liquidity pools, promoting token appreciation and the sustainable healthy development of the ecosystem. Holders can gain veVELVET through staking.
Project Progress and Market Layout
Velvet is entering the third phase of functionality, developing cross-chain neutral strategies and asset custody modules. Recently, it has received investments from institutions such as Binance Labs and Selini Capital. The token has been listed on multiple decentralized exchanges and has released airdrops, resulting in increased community activity.
Applicable users and vision
Velvet is suitable for beginners, users looking to explore investment opportunities with the help of AI, experienced traders, and fund managers, and supports customized white-label applications to serve specific clients. It is leading the arrival of the AI + Decentralized Finance era, becoming a new direction for on-chain investment management.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
