Velo Labs
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Velo Labs

MXC Exchange Now Allowing VELO Deposit and Withdrawal Service on XLM Protocol

Dear VELO Token Hodlrs:

The MXC Exchange has opened VELO’s deposit and withdrawal services on XLM protocol. Effective March 24th, you can deposit or withdraw VELO tokens on MXC Exchange in either ERC20 or XLM formats.

To invest or trade VELO on MXC, you can go to:

About Velo Labs

Velo Labs’ mission is to build a Federated Credit Exchange Network, powered by the Velo Protocol. The Velo Protocol is a financial protocol that issues digital credits pegged to any fiat currency, and ensures that these digital credits are always collateralized by the right amount of VELO tokens to maintain a 1:1 digital credit to fiat currency value ratio. Backed by Stellar Network and CP Group, Velo Labs is currently serving business partners in Southeast Asia. By connecting the legacy finance, CeFi and DeFi industries, Velo Labs’ Federated Credit Exchange Network positions Velo Labs as one of few blockchain projects with a clear path towards mass adoption.

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Velo Protocol

A blockchain financial protocol enabling digital credit issuance and borderless asset transfers for businesses using a smart contract system