Introducing two innovative entities at the forefront of blockchain and decentralized technology:
Velo: Revolutionizing Digital Finance
Velo is a dynamic force in the realm of blockchain utility, dedicated to reshaping the way we interact with digital finance. Their journey commenced with the creation of a decentralized settlement network, enabling secure and transparent value transfers. Velo's vision extends to addressing the limitations of traditional financial services, ushering in a future of efficient, secure, and accessible financial solutions.
The Graph: Empowering Decentralized Data Retrieval
The Graph is the indexing and query layer of web3, transforming the landscape of data retrieval from over 50 blockchain networks, including Ethereum, Polygon, Arbitrum, Base, Optimism and more. It serves as a foundational infrastructure layer for decentralized applications (dapps), allowing developers to swiftly access and retrieve blockchain data. The Graph is instrumental in driving the success of DeFi and Web3 ecosystems, by making it easy for builders to access blockchain data and visualize onchain metrics for dapp users to peruse
Velo and The Graph: Empowering Data-Driven Web3 Innovation
Velo Web3+ Ecosystem is delighted to announce a collaboration with The Graph, implementing the use of a subgraph on The Graph’s decentralized network. This collaboration signifies a significant step forward in our mission to provide users with efficient and decentralized data solutions, fostering innovation within the Web3 and DeFi
ecosystems.
The Graph serves as a foundational infrastructure layer for decentralized applications (DApps) by enabling quick and efficient data retrieval from blockchain networks, including Ethereum. It plays a pivotal role in the DeFi and Web3 ecosystems by providing developers with fast and reliable data access. Additionally, The Graph's capability to scale up real-time data into Velo's network enhances Velo's ecosystem performance. This integration enables Velo's infrastructure to incorporate accurate real-time data analytics from the blockchain, further enhancing its capabilities.
Here's how The Graph unlocks data-driven potential and accessibility within the Velo ecosystem:
Data Accessibility: Through our collaboration with The Graph, Velo opens the doors to a world of data accessibility. Our subgraph enables us to provide trading statistical data and allow other applications to leverage our data, empowering innovation and data-driven decision-making.
Nova Chain Integration: Subgraph Integration: Leveraging our Nova chain as a foundational component, we're introducing a seamless subgraph integration. This integration serves as a gateway, transforming raw data from Nova chain into an indexed format, readily accessible to the public. By harnessing the power of subgraphs, we're enhancing data accessibility and enriching the user experience, empowering users with comprehensive insights and streamlined interactions.
Efficient Data Retrieval: Thanks to The Graph's capabilities, there's no need to set up a full node for certain DApps' data retrieval. We can seamlessly access this subgraph data from Indexers on The Graph Network, simplifying processes such as deposit/withdrawal from chains like BNB and offering data that can be adopted for payment solutions.
Velo and The Graph are united by our shared vision of data-driven innovation within Web3. Together, we're making data more accessible, fostering innovation, and empowering users to make informed decisions. We're excited to embark on this journey and look forward to sharing more
exciting developments with you. Stay tuned for the incredible possibilities that await.