$VELODROME Gains Over 21% After Recording 93% Lock Rate

Gate.io news: $VELODROME is currently among the top gainers today following a significant over 21% price increase rising from $0.04433 to $0.062 in the last 24 hours, while it's currently trading at $0.0556.

The price increase comes after over $360,000 in fees and incentive rewards were distributed to $veVELO voters, whereby 11.4M $VELO was locked vs 12.2M $VELO emitted, representing an impressive 93% lock rate.