Velodrome Integrates with Metal L2 ‘The Banking Layer’

 Velodrome,
the
largest
native
application
on
the
Optimism
stack,
is
integrating
with
Metal
L2, “The
Banking
Layer.”
This
integration
highlights
Metal
L2’s
recent
addition
to
the Optimism
Superchain,
joining
networks
like
Coinbase’s
‘Base,’
Worldcoin,
and
Frax.

Velodrome’s
core
team
submitted
a
proposal
to
the
Metal
DAO,
requesting
$MTL
incentives
to
bootstrap
deep
liquidity
pools
on
Metal
L2.
The
proposal
successfully
passed,
setting
the
stage
for
Velodrome
to
enhance
the
ecosystem
with
its
proven
MetaDEX
technology.
This
move
will
provide
substantial
liquidity,
essential
for
ecosystem
development
on
the
Metal
L2
chain.

Additionally, Metallicus plans
to
bring
its
plug-and-play
fiat
on-ramp,
Metal
Pay
Connect,
to
the
Superchain,
allowing
any
Optimism-based
application
to
seamlessly
onboard
users
with
fiat
through
their
own
white-label
on-ramp
while
ensuring
compliance.
Metallicus
will
also
deploy
a
suite
of
innovative
solutions
for
the
Superchain,
including
a
WebAuthentication
(Webauthn)
wallet
with
WebAuth.com,
decentralized
on-chain
identity
(DID)
with
Metal
Identity,
and
a
reserve-backed
stablecoin
index
with
Metal
Dollar
(XMD),
bringing
enhanced
connectivity
to
the
Metallicus
Digital
Banking
Network.

Marshall
Hayner, CEO
of
Metallicus,
commented, “We’re
thrilled
to
welcome
Velodrome
to
Metal
L2.
This
integration
aligns
perfectly
with
our
vision
of
building
the
most
customer-centric
digital
asset
banking
network.
By
combining
Velodrome’s
innovative
DEX
with
our
robust
Layer
2
solutions,
we
are
bridging
the
gap
between
DeFi
and
TradFi,
creating
a
seamless
experience
for
users.”

Alex
from
Velodrome
added, “Bringing
Velodrome
to
Metal
L2
is
a
significant
step
forward
for
our
platform
and
the
broader
Superchain
ecosystem.
We
are
excited
to
serve
as
the
central
trading
and
liquidity
hub
for
Metal
L2
and
to
help
bring
their
unique
banking
capabilities
and
Metal
Pay’s
fiat
on-ramp
to
the
broader
Superchain.”

###

About
Metallicus:

Metallicus
is
a
cutting-edge
technology
company
at
the
forefront
of
revolutionizing
the
financial
industry.
Founded
by
visionary
entrepreneur
Marshall
Hayner,
Metallicus
is
committed
to
breaking
down
barriers
and
redefining
the
possibilities
in
finance
and
technology.
The
company’s
innovative
solutions
leverage
blockchain
and
other
advanced
technologies
to
provide
secure,
efficient,
and
inclusive
financial
services.
Metallicus
is
dedicated
to
shaping
the
future
of
financial
systems
by
creating
opportunities
that
empower
individuals
and
businesses
to
thrive
in
a
rapidly
evolving
digital
landscape.
With
a
relentless
focus
on
innovation
and
customer-centric
solutions,
Metallicus
is
driving
the
transformation
of
the
financial
industry. 

Metallicus
Will
Cleaver
Email
:


[email protected]

For
Media
Contact:

Cesar
Hernandez

Omni
Public

813.277.6540

[email protected]

Disclaimer:
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.