Hyper VLP 2.0 Launch: Everything You Need to Know in 10 Tweets

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The peak of the Hyper VLP Program coincided with $VELA soaring to heights of $7.75. They say history doesn't repeat itself, but it often rhymes. With the new Hyper VLP 2.0 launch, here's everything you need to know in 10 short tweets ⤵️

.@vela_exchange had a very successful beta with VLP and gave early participants a ton of great rewards and kickstarted the economics behind their leverage trading exchange. But HyperVLP was paused after the beta to work on some of the infra behind and allow more people in on it.

2.0 will allow prior HyperVLP participants from the beta to come back at the same tier they minted and held at. Only minters who had remaining Hyper VLP amounts during the Beta's ending qualify to reclaim their previous tier allocation.

So if you didn't get a chance to participate in the last HyperVLP program, you'll get a chance to guarantee your allocation now. But if you did mint and hold during the Beta, you'll get a 1 month grace period to provide the same liquidity and continue earning $VELA.

And if you're in the first 30mil minted during 2.0 (excluding the Beta Holders) than you'll be rewarded with bonus esVELA over a 12 month period.

Here's a quick look at the Hyper VLP 2.0 Tiers Tier 1: 2M VLP → 0.06 esVELA per VLP Tier 2: 4M VLP → 0.05 esVELA per VLP Tier 3: 6M VLP → 0.04 esVELA per VLP Tier 4: 8M VLP → 0.03 esVELA per VLP Tier 5: 10M VLP → 0.02 esVELA per VLP

Early LPers will have access to higher reward tiers. Now like the Beta, the official launch will have gated access based off of 3 stages. During this access, you would have access to both HyperVLP 2.0 and live trading.

Here is how that gated access looks: • Early Access 1 (2 days): BETA VLP holders*, who were holding more than 100 VLP when the BETA closed down. • Early Access 2 (2 days): Lucky winners of the early access sign-up. • Public (14 days)

And if you were among the BETA VLP holders with more than 100 VLP during the closing of BETA, you will have a guaranteed spot in Early Access 1 for the Official Launch. You will not only be able to mint Hyper VLP 2.0 before anyone else but also start trading on the platform too.

Interested? Register your interest here: vela.exchange/early-access