When Solidly launched, it was the most innovative defi application at its time, and reached 2B$ TVL in almost no time. Poor execution afterwards leads to drop of hype and TVL, but the idea remains genuine and unique.
Velodrome Finance team executed the idea incredibly well, and it's one of the main reasons we are launching our liquidity on Velodrome!
With bribing instead of giving free tokens to liquidity providers, increasing the farm APR for our liquidity pair, and staking on Velodrome, Sonne looks to grow liquidity while earning VELO.
100% of the earned VELO will be shared with Sonne stakers.