🚀 Big news for the Velas community! 🔥
Friends, we’re excited to announce that we’re starting the development of a new multi-currency crypto wallet where Velas plays a central role!
This won’t just be a token storage app, but a powerful Web3 hub combining decentralized finance, GameFi, and cross-chain swaps in one application.
💎 What we’re building for you:
🌐 Multi-chain support — the most in-demand networks in a single wallet:
Velas, Ethereum, BNB Chain, Polygon, Arbitrum, Solana, TON, Bitcoin, and more.
🔄 Built-in cross-chain swaps powered by https://t.co/J5U8x91Ssl SDK:
✅ Best exchange rates
✅ Support for swaps across networks
✅ Popular pairs: ETH → USDT, BTC → ETH, MATIC → USDC, and much more
🎮 Exclusive for Velas users
We’re developing a gaming dApp on Velas that will become part of the wallet:
Built-in tokenomics and rewards for activity
Wallet-based login
📊 Portfolio analytics & management — full real-time control of your assets.
🔔 Push notifications — for transactions, price changes, and gaming events.
We’re creating a next-generation wallet — fast, user-friendly, multi-chain, and deeply integrated with Velas.
Together, we’re building the Web3 future where you can swap tokens, play GameFi, and manage your assets all in one place.
#Velas #VLX #wallet #swap #multichain #defi #gamefi #web3
🚀 #Velas Development Update – Last Two Weeks 🚀
Here’s what we’ve been working on:
✅ Archive Storage: Implemented archive storage for subchain blocks.
✅ Configurable GC Pruning: Added support for configurable garbage collection pruning in the EVM state.
✅ RPC Trace API: Introduced trace API support for subchains within the archived block range.
✅ Deployment: All these features have been successfully deployed on Devnet.
📌 With no new features planned, we’re now fully focused on testing:
🔹 Identified and addressed 5 UI-related issues in the Subchains Manager.
🔹 Fixed a strict rule in the validator state hasher, which was causing node partitioning in subchains.
Stay tuned for more updates! ⚡ #Blockchain #Web3 #DevUpdate #Crypto #TechInnovation #Velasblochain $vlx #Velas
#Velas Update:
1. Last week, in collaboration with @AccumulatedFi, we allocated 1 million $VLX tokens, which will be distributed among $stVLX stakers.
2. Two weeks ago, we released a devnet update introducing key enhancements:
Support for hosting subchains with an updated configuration (semi-compatible with geth init).
Improved program instructions for subchain management.
A dynamic mint/burn token mechanism within subchains, enabled through a specialized system contract.
3. Next week, we plan to release another devnet update, which will:
Enable the exploration of internal transactions within the blockchain explorer.
Refine and polish the documentation (already available at Velas Docs).
https://t.co/1T4NJViYtR).
As a thank you to our community, we're giving away 50X LEDGER FLEXES!
Yes, FIFTY! 5-0!
$250 value each. E-Ink touchscreen. Secure Element Chip. Only the best for you... Enter NOW 👇
1️⃣ Follow @Polkadot & @Ledger
2️⃣ Retweet this post
3️⃣ Bookmark this post
Good luck!
Here’s a breakdown of the steps to get started with deploying a custom chain on Velas:
1. **Apply for Beta Testing**: Visit [https://t.co/xvYlFrcLMn](https://t.co/ynhnXOIARW) and apply for the beta test to gain access and approval for setting up on their platform.
2. **Token Preparation**:
- Secure **1.2 million VLX tokens** for each new chain you want to create.
- **1 million tokens will be burned** as part of the process.
- **200,000 tokens** are allocated for gas expenses on the network.
3. **Token Setup**:
- Create or have a token ready on **Ethereum** or another compatible blockchain.
4. **Bridge Connection**:
- Connect a bridge from Layer 1 (L1) to your custom chain, which could be a rollup or use another consensus mechanism. This will enable seamless asset transfer between your chain and Ethereum or other chains.
5. **Launch a Gateway Node**:
- Deploy a gateway node to allow users to connect to your chain using a custom domain and chain ID. This setup will provide a user experience where they don’t directly interact with Velas but operate as if it's your custom blockchain.
6. **Launch a Blockchain Explorer**:
- Set up a blockchain explorer, such as **Blockscout**, to allow users to track transactions and network activity on your chain.
By following these steps, you’ll have a fully operational custom chain running on Velas infrastructure, with connectivity, functionality, and transparency for users.
🚀 More than just an update, Velas 2.0 redefines and solves some of today’s biggest challenges in the crypto industry. 🔥
Stay tuned for more updates! 👀
$VLX #Velas#Web3
🔴 Cuatro minutos de oro para ayudar a desmontar un poco más la leyenda negra española en América: se la pones a tu cuñado zurdo cuando te repita el mantra que esclavizamos y exterminamos a los indígenas
SÓLO RETUITEA
Back from taking a month break for mental health, rest assured work is on going, #velasblockchain update:
Regarding Velgazm, we continue working on technical issues; the App Store constantly requests some requirements and revisions, and they haven’t been able to list it yet.
Regarding updates for the Velas wallet on Android, we are also dealing with technical issues. It is still in progress, and the deadline has been extended until October.
We have decided to develop a dApp on Velas; it will be a game. We are currently planning all the processes, logic, and working on the design. The user conversion rate should increase.
Working on native integration to list $vlx #velas on 2 additional cex exhanges, updates to follow as we are not yet permitted to disclose details.
Latest #velas updates:
- Velgazm website has been deployed to production: https://t.co/9Ms9MS9OQz
- Velgazm wallet has been deployed to production: https://t.co/AMNNJpf7Tg
- Updates have been made to Velas Mobile iOS, adding a "Hide Account" feature. The latest version is now available on the App Store.
- Updates have also been made to Velas Mobile Android, which is currently in the process of being updated on the Google Play Store.
- We are continuing with the deployment of Velgazm iOS and Velgazm Android.
- Working on the deployment of the Velgazm extension for Opera and Safari.
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Check out the fresh Velgazm extension, the ultimate #VelasWallet revamp, doubling up as an token explorer with beefed-up security 🔒 features and some buttons hinting at future functionalities.
👉 Snag it now : https://t.co/CSCTJ1fS8L
Now you can swap #AVAX for $VLX from @avax through @pangolindex
To do so, simply add #Velas manually by following the steps we've provided below in the thread 👇