Mechanism

How many parties are involved?

There are 3 user roles in Velo Protocol. Please note that one individual can take multiple roles.

  1. Regulator - controls who has access to Velo ecosystem.

  2. Trusted partner - Velo's partner who is setup to use VELO to mint price-stable credit.

  3. Price feeder - price updater for VELO price in various currencies.