Occam DAO and Velas Blockchain are officially partnering
December 28, 2022 — The Occam DAO and Velas Blockchain strategic partnership proposal has passed stake voting. The DAO will begin integrating as an incubation and due diligence layer into the Velas blockchain, providing all the support and expertise needed to grow the Velas ecosystem.
Velas Network launched its mainnet in July 2019, and it is the first and fastest Ethereum Virtual Machine and eBPF hybrid blockchain that allows decentralized applications and smart contracts to be built on the mainnet. Velas is highly scalable and capable of validating over 50,000 transactions per second.
The network offers an ideal foundation for Web3 builders to implement DApps and decentralized projects that boast market-defining speed and equal ease of use.
In October 2022, Occam DAO’s ambassadors had the unique opportunity to interview the CEO of Wavelength, a project building on the Velas Network. This provided an insight into what it’s like to work with the network, and discover more about it through a Discord Soapbox session – a channel on Discord intended for project teams to present their ideas, technology and themselves to the entire Occam DAO. You can find the original chat here.
After the Soapbox session, the Velas team submitted an Occam Improvement Proposal (OIP) expressing their desire to work with the Occam DAO to further develop the Velas ecosystem. Meanwhile, the community learned more about the project via an insightful Twitter Space AMA with the Velas team. The Velas team has also pledged a contribution to the CHAKRA pool, so when the CHAKRA token goes live, its value will be backed by VLX, Velas Network’s native token.
Velas Blockchain OIP Passes Stake-Based Voting
OIP passed the 50-like threshold and moved on to stake-based voting, which Occam DAO members recently passed by a wide margin. The success of this vote means that Occam DAO can now begin to integrate as an incubation and due diligence team into the Velas blockchain, providing all the support and expertise needed to grow the Velas ecosystem, expanding its pipeline of incubated projects and partners.
Following the excitement of this new partnership being formalized, and to reward users during the holiday season, Occam DAO has launched the Occam Velas Christmas Giveaway! Check out how to win prizes and the entry rules here.
Occam DAO and its contributors will always continue to build and improve their services and the value they offer to members. It will therefore come as no surprise that 2023 is going to be an amazing year for The DAO – with a pipeline of great features, improvements and partnerships like Velas that will only strengthen its strength into the new year.
About Occam DAO
Internet: occam.fi
Discord: discord.gg/occamfi
Twitter: twitter.com/OccamFi
Telegram: t.me/occamfi_com
Medium: medium.com/occam-finance
YouTube: youtube.com/c/OccamRazerTV
About Vela’s Blockchain
Internet: velas.com/en
FAQ: velas.com/en/faq
Twitter: twitter.com/VelasBlockchain
Telegram: t.me/velascommunity
Discord: discord.com/invite/CTcKpPc
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