Because its mutually beneficial. Solana is the end-user settlement token, Velo is the secondary collateral, alongside fiat (in the form of vUSD, vGBP and so on) as primary collateral, to ensure that trust is upheld by the transacting parties.
Many thanks Mr.Podcast and Pat for this interview, very informative. And I wanted to make a proposal that it will be better if you had more vivid background in your room and in overall to add more light. And now I see that you changed it and it is now in my opinion looking more light and cheerful. Wish you success Mr.Podcast. :)
You should read about Velo's Federated Credit Exchange ('FCX'), mind blowing if you're into Forex. They've also partnered with Chainlink which acts as the oracle for real time, accurate and reliable data for said FX transactions
@@peedinkus389 thx 🙏🏻 I have a question while buying usdt to buy Velo there is only the stellar network available on MEXC…I doubt about buying for I hear people talk about the fact that it is important to use the BNB Network for technical reasons and a recent change… ?? and not to buy on the Stellar network … can you share advice and knowledge about this . Would be appreciated 🙏🏻
@@LM_357 no joke. There are shops where you can take your ledger and exchange crypto for gold of silver. They also have super high secure vaults if you want anything stored by them near the airport.
thx for sharing 🙏🏻 I have a question while buying VELO on MEXC there is only the stellar network available on MEXC…to buy (the ETH Network is suspended???) I doubt about buying now for I hear people talk about the fact that it is important to use the BNB Network for technical reasons and a recent change… ?? and not to buy on the Stellar network … Can someone share his advice and knowledge here about this . Would be appreciated 🙏🏻
Thank you so much for your lovely comment! I would advise to reach out to them on Twitter/X they are super active there and I’m sure the support will be able to answer all your questions. Sorry I can’t help you with this one in particular ☺️
@@Vinnytint2 I have the majority of my money in shib but sold a lil profit to cop some of this. I like the concept and will do more research; could very well go in big if I like what I see!