What is Vela?
Vela is a permissionless, self-custody driven perpetual exchange built with innovative blockchain architecture to ensure fast transactions, secure trading, and extensibility into additional synthetic options and derivatives. The rewards structure of Vela Exchange is carefully balanced to manage token & rewards supply while maintaining high incentives for liquidity provisioning and trading.
VELA is the native token for the Vela Exchange ecosystem. VELA can be obtained by providing liquidity on supported DEXs, through obtaining and vesting eVELA, by purchasing via supported exchanges, or through specific platform rewards.