Sonne
  • Introduction
  • Getting Started
    • Wallet
    • FAQ & Troubleshoot
    • Video Guide
  • PROTOCOL
    • Contract Addresses
    • Liquidation
    • Collateral and Reserves (Optimism)
    • Collateral and Reserves (Base)
    • Interest Rate Model
    • Audit
  • TOKENOMICS
    • Liquidity Generation Event(LGE)
    • Distribution
    • Reward Emissions and Bribes
    • The Idea of Andre Cronje
    • Staking and Revenue Sharing
  • Other Information
    • Branding
    • Legal Disclaimer
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  1. TOKENOMICS

The Idea of Andre Cronje

PreviousReward Emissions and BribesNextStaking and Revenue Sharing

Last updated 1 year ago

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.

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.

The origin of our design with velodrome
Velodrome Finance